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Showing 2601 - 2610 of 3920 results for "law"

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
... to conceal income from the US Internal Revenue Service (IRS). Under the inter-governmental agreement, Australian domestic law requires Australian financial institutions to collect and report FATCA information from investors and report to the Australian ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
The Financial Services Council's (FSC) request to review the constitution of the Fair Work Commission (FWC) expert panel on super and awards has met with opposition from Industry Super Australia (ISA). The FSC questioned the validity of the FWC expert ...

Funds passport 'doomed to fail' without tax reform

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The Asia Region Funds Passport is "doomed to fail" unless the government changes taxation law to favour Asian investors in Australia, according to BNP Paribas Security Services managing director Peter Baker. While the funds passport initiative is good ...

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
... whistleblower protection and added that the regulator should be able to address wrongdoings through commercial and criminal law. He also noted that "lots of submissions have complained that ASIC is thorough with small businesses, but that is slower with ...

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
Stronger Super's portfolio disclosure rules present major challenges to super funds investing in private markets, not because the investments are opaque but because portfolio disclosure could require them to disclose their intentions about future transactions. ...

Technology now about connectivity not just firepower

ALEX DUNNIN  |  TUESDAY, 15 APR 2014
Rapidly changing technology isn't a threat to financial services operators, it's just the continuation of long term trends that have always confronted the sector, said global financial services technology specialist Advent. Illustrating how far technology ...

TPB releases tax advice definition in YouTube video

LAURA MILLAN  |  MONDAY, 14 APR 2014
... broader advice process and it refers to "liabilities, obligations or entitlements that arise, or could arise, under a taxation law," he said, adding that tax advice "is reasonably expected to be relied upon by the client for tax purposes." Communicating ...

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... financial planners had modified or removed from client files. Maurice Blackburn principal John Berrill explained that it cost the law firm $35,000 to reconstruct each client file, while it cost CBA $5,000 per file. Maurice Blackburn represented CBA victims ...

Super fund CEOs compete on breast cancer fundraiser

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
... 11, in what is known as the Boardroom Challenge. As of today, the clear frontrunner was Michelle McLean, managing partner of law firm Cornwall Stodard, having raised $28,320. She was followed by David Jones' Paul Zahra and ME Bank's Jamie McPhee. In ...

SMSFs need no more regulation: Treasury

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... argued. Treasury supported the continued role of the Australia Taxation Office (ATO) in ensuring the sector complies with tax law. Read all Financial Standard coverage of the Murray inquiry here