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

Search Results

Showing 251 - 260 of 280 results for "Enforceable Undertaking"

Colonial Mutual to fix unit pricing errors

... (CMLA), Colonial Mutual Superannuation (CMS), and Commonwealth Custodial Services (CCS), have given ASIC an enforceable undertaking to correct errors contained in the unit-linked investment options offered by all three of the Colonial Mutual organisations. ...

Tower to make amends for account balance errors

Tower Superannuation (Tower Super) has given ASIC an enforceable undertaking to correct errors pertaining to the members' account balances for the Tower Superb Master Trust (Superb). The errors arose from an administrative mistake by Superb's fund administrator ...

ASIC moves against misleading advertising

ASIC has acted against misleading advertising by accepting an enforceable undertaking from Mortgage Point in response to the regulators concerns in 2001 that the mortgage broker included misleading statements in its promotional brochures. Brochures ...

Unsolicited offers by Ross Investments subjected to compliance checks

... and documents attached to particular unsolicited offers contained misleading statements. As part of an enforceable undertaking from Ross Investments will seek approval from the compliance expert on is measures and must ensure systems and processes comply ...

UniSuper Trustee investigated by ASIC on disclosure and complaints handling

ASIC has accepted an enforceable undertaking from the trustee of the UniSuper Fund regarding its disclosure and complaints handling procedures. The undertaking follows the regulator's investigation into UniSuper's failure to provide member statements ...

ASIC accepts National Australia Bank's enforceable undertaking

ASIC has accepted an enforceable undertaking from National Australia Bank (National) designed to improve the bank's key systems and controls under its Australian financial services license (AFSL) after the foreign currency options trading losses National ...

ASIC accepts enforceable undertaking from Capital Intelligence Ltd

ASIC today has accepted an enforceable undertaking from Capital Intelligence Ltd (CI), also known as Hometrader Ltd in response to a range of compliance failures. The regulator begin the investigation following its surveillance of CI at the Adelaide ...

ACCC plans to revise merger process to increase transparency

AAP  |  FRIDAY, 24 SEP 2004
The Australian Competition and Consumer Commission (ACCC) on Thursday said it planned to open up scrutiny of its merger clearance process to increase transparency and accountability. ACCC chairman Graham Samuel said the changes would embrace world's ...

ASIC draws the line on super fee

... disclosure generally rather pitching one side of the industry against the other." On Wednesday ASIC accepted an enforceable undertaking from Mellon after it found a statement issued by NSP Buck Eligible Rollover Fund - now know as the Mellon Eligible ...

ASIC acts against Mellon for misleading statements on super fees

... appropriately qualified or cross-referenced to information in the annual report. As a result ASIC has accepted an enforceable undertaking that Mellon will not make any statement to the effect of nil administration fees; Mellon will, for the next five ...