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Showing 241 - 250 of 3902 results for "Law"

Challenger adds to board director lineup

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... KPMG, leading its advisory division in Australia and Asia Pacific. He also served as chief executive and managing director of law firm Slater and Gordon. Meanwhile, Whitter brings more than 25 years of experience across digital and software industries ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... honestly and fairly". The regulator added that Kalkine's processes to ensure that its representatives were complying with the law when interacting with consumers were inadequate. ASIC deputy chair Sarah Court said AFS licensees are responsible for the ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... 2006 (AML/CTF Act). AUSTRAC chief executive Brendan Thomas said that failing to submit SMRs on time denied AUSTRAC and its law enforcement partners the opportunity to act on the information in a timely manner. "SMRs provide AUSTRAC and our law enforcement ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
Collapsed cryptocurrency exchange FTX is set to pay out US$5 billion to creditors starting May 30. The proceeds will be distributed via the FTX Recovery Trust to eligible creditors either on BitGo or Kraken. This is the second round of distributions ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... $3 million is "totally unnecessary" and urged people to "look at the facts". Busoli said assuming the policy is passed into law and commences on July 1, the cap would only be on a per member basis and the additional 15% tax would only be applicable to ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... review of Macquarie Securities regulatory reporting systems, controls, and supervisory procedures to ensure compliance with the law. Macquarie acknowledged the civil proceeds commended by ASIC against its subsidiary. Macquarie noted that specific issues ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... disclose personal information to an overseas recipient if the entity reasonably believes that the recipient is "subject to a law, or binding scheme, that has the effect of protecting the information in a way that, overall, is at least substantially similar ...

Future Fund makes leadership appointments

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
Future Fund has appointed a chief financial officer and chief risk officer, as well as a chief people, culture and inclusion officer. Nancy Collins is joining the Future Fund Management Agency from Swinburne University of Technology. There, she has ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... of private asset investors in the US, in particular, felt some Biden administration policies, especially around competition law, were holding them back from selling portfolio companies - and also on the buying side, because, after all, there's US$2 ...