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Showing 2881 - 2890 of 3920 results for "law"

Who you know overshadows rules: Freehills view on Asia

ALEX DUNNIN  |  MONDAY, 24 SEP 2012
... aggressively with Singapore on operating and compliance costs. In contrast, in Indonesia investment funds are constituted under civil law contracts not trust law, said Fakhri Hilmi, head of the investment management bureau, Bapepam-LK, in Indonesia. ...

ASIC civil case a dead duck: Storm founders

MELANIE TIMBRELL  |  THURSDAY, 20 SEP 2012
Lawyers for Storm founders Emmanuel and Julie Cassimatis have urged Federal Court judge John Reeves to dismiss ASIC's civil action, saying the regulator has no reasonable prospect of success in prosecuting the couple for breach of director duties. ASIC ...

Draft legislation to streamline trans-Tasman retirement savings

LINDA HAUSKEN  |  WEDNESDAY, 19 SEP 2012
... will allow Australians and New Zealanders to take their retirement savings with them home when they leave. Under the current law, New Zealanders working in Australia cannot take their superannuation with them when they permanently leave the country. ...

Banks take Bell Group case to High Court

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
... not taken lightly and that the banks are confident they can make a strong case on the issues identified. "This area of the law that operates when companies are going through financial difficulties is important," Vaughan said. "Banks are often criticised ...

Treasury seeks to boost APRA powers

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... regulator awarded pre-emptive powers to remove trustees, directors or officers of a superannuation fund where a breach of law was anticipated. The move was part of a broad-reaching consultation paper released yesterday amid concerns APRA's current powers ...

Two down, one to go

BENJAMIN ONG  |  THURSDAY, 13 SEP 2012
Two down. European Central Bank bond purchases -- Outright Monetary Transactions (OMTs) - open-ended at that: Check. German Constitutional Court's verdict on the European Stability Mechanism (ESM) bailout fund: Check. Ja! Jawohl! "'The review has concluded ...

Brokerage domination chokes competition: Paritech

MELANIE TIMBRELL  |  TUESDAY, 11 SEP 2012
... no point in cheap trading if it just raises the cost of administration," Klink says. In the US a stockbroker is required by law to provide clients with cost-based reporting to avoid mistakes when tax returns are lodged with the IRS. As a result, stock ...

Wilson HTM awarded damages

BEN COLLINS  |  MONDAY, 10 SEP 2012
Wilson HTM has been awarded $174, 416 in damages, after chief justice Patricia Bergin said this morning in the NSW Supreme Court, that commission and revenue statements tendered to rival broker Ord Minnett by Wilson's former Sydney desk boss Joseph ...

ASIC lines up Macquarie Private

MELANIE TIMBRELL  |  THURSDAY, 6 SEP 2012
ASIC is in the preliminary stages of an investigation into Macquarie's private wealth division over concerns related to potential breaches by advisers. It is understood that the regulator has written to Macquarie Group and issued a request for information ...

APRA probe key in NAB case: Lawyers

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
It's APRA's understanding that National Australia Bank's (NAB) risk assessment of investments linked to toxic US subprime mortgages was insufficient, according to documents filled in the Supreme Court of Victoria yesterday. An affidavit tendered to ...