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Showing 201 - 210 of 211 results for "Consultation Paper 212"

Foreign Exempt rules under review

RUTH LIEW  |  WEDNESDAY, 7 MAY 2008
Standard & Poor's Index Services (S&P) has teamed up with the Australian Securities Exchange (ASX) to seek market feedback on a proposal to make listed Foreign Exempt companies eligible for index inclusion. In a proposal outlined in the consultation ...

Dinosaur fund taxes should be scrapped: Bowen

RUTH LIEW  |  MONDAY, 25 FEB 2008
Australia's managed funds industry may soon undergo a major tax revamp as Assistant Treasurer Chris Bowen calls for the Board of Taxation to review taxation arrangements applying to the sector. Minister Bowen told an Investment and Financial Services ...

Investors better off without legacy

Three months after the government issued a consultation paper outlining ways to rationalise more than 6,000 legacy investment products, industry body Investment and Financial Services Association has submitted its own list of recommendations. Back in ...

Debenture devil in the detail

The high profile failures of debenture issuers such as Westpoint, Fincorp and Bridgecorp have prompted ASIC to release a consultation paper detailing tighter disclosure rules on debenture products. But is more disclosure enough to protect retail investors? ...

ASIC to tighten debenture regulations

CHRIS NICHOLLS  |  FRIDAY, 24 AUG 2007
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing tighter regulation of the unlisted, unrated debenture market following the collapse of companies like Westpoint and ACR. The paper, unlisted, unrated ...

ASIC calls for comment on MIS liquidity

HAMISH MADDEN  |  WEDNESDAY, 4 JUL 2007
The Australian Securities and Investments Commission (ASIC) has issued a consultation paper proposing revised guidelines for managed investment schemes (MIS) and the liquidity responsibilities of managers. The paper addresses MIS manager responsibilities ...

Govt push for reforms in $221.4b legacy products sector

In a move that could unshackle thousands of investors from obsolete or outdated investment products, the Government has released a consultation paper outlining ways to rationalise 6,000 legacy investment products estimated to be worth $221.4 billion. ...

Insurance made easier for associations and clubs

CHRIS NICHOLLS  |  TUESDAY, 8 MAY 2007
Community associations and sports clubs that group purchase insurance for members could be exempt from insurance seller status and associated regulatory costs in an Australian Securities and Investments Commission (ASIC) proposal to attack underinsurance. ...

Industry groups ecstatic over red tape rationalisation proposals

ALEX DUNNIN  |  MONDAY, 10 APR 2006
Industry groups are falling over themselves to applaud government proposals to rationalise government red tape. Last week the Treasurer, Peter Costello announced a range of reforms designed to monitor, control and reduce government red tape that in ...

ASIC issues guidance on general advice warning and SOAs

The Australian Securities and Investments Commission (ASIC) has issued an example Statement of Advice (SOA) and released a proposal to reduce the repetition of advice warning for Australian financial services licensees and their representatives. The ...