Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 2037 results for "Application"

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... proceedings commenced against him by ASIC and while there was an ongoing ASIC investigation into his conduct. Following an application by ASIC in 2019, a Queensland magistrate issued a warrant for Ali's arrest, and in November 2021 he was arrested in ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... a booklet for unitholders containing the notices of meetings and explanatory memorandum. The RE has also filed an application with the Supreme Court of New South Wales for a hearing to obtain judicial advice under section 63 of the Trustee Act 1925 (NSW) ...

The rising role and risks of generative AI

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
Generative AI, a rapidly advancing form of deep learning that mimics human output, also raises concerns about the verifiability of its results, UTS industry professor - emerging technology Nicholas Davis says. Appearing at the Stockbroker and Investment ...

Former NSW adviser loses ban appeal

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... director of Swinsure which was authorised from 1 July 2020 to 30 July 2020. On 21 December 2022, Sweeney filed an application at the AAT seeking a review of ASIC's decision. On 26 April 2024, the AAT found that a permanent ban was appropriate as the ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... and Financial Services launched an inquiry into the entire wholesale investor testing framework. Key facets such as application of the tests in practice, legal requirements, and consequences for investors will all be under the microscope. According to ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation which arose when the fund's private cloud was inadvertently deleted. In a brief statement to Financial Standard, APRA said it is "aware of the ...

ASIC issues warning over scammers using fake AFSLs

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... (as opposed to "too good to be true" scams)," ASIC said. "The scammer will ask the consumer to return a completed application form and personal identity documents. They will then ask the consumer to transfer funds into a bank account. This can appear ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... benefit. Moreover, it can accept Superannuation Guarantee contributions within five to 15 business days of completing an application, depending on the employer's size. However, stapling rules introduced as part of the Your Future, Your Super reforms ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
AustralianSuper will introduce a new age-based insurance cover scale for members aged 15 to 25 from June 1 this year. New age-based cover amounts will automatically start on June 1 for members younger than 25 years old because they have made certain ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... investors will endure less paperwork if ownership information has not changed since their previous foreign investment application. Treasury aims to process 50% of cases within the initial statutory timeframe of 30 days from 1 January 2025. Chalmers wants ...