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Showing 271 - 280 of 807 results for "Corporations Act"

82% of advisers pass August FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... congratulates successful candidates on completing an important component of their education requirements under the Corporations Act during the current extraordinary circumstances," FASEA chief executive Stephen Glenfield said. "Over 11,180 advisers have ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... there were several practices within the DCM market which could breach prohibitions of various sections of the Corporations Act. These include "laddering"; providing a preferred allocation in exchange for agreement to place orders in the after-market ...

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... taking regulatory action against AFSLs or their representatives for a breach of sections 62G, 962K and 962S of the Corporations Act. For breaches of 962S for pre-FOFA clients, only those with a fee disclosure statement (FDS) due between August 2 and ...

Rest climate change case pushes ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... against Rest's trustee alleges that he has a right to certain information pursuant to section 1017C of the Corporations Act. The information McVeigh is interested in particularly relates to the impacts climate change could have on his retirement ...

ASIC takes Linchpin, Endeavour directors to court

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... the current proceedings that each of the defendants were personally involved in conduct that contravened the Corporations Act. ASIC further alleges that the defendants failed to act in the best interests of investors in the fund. And, the regulator alleges ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
... government has asked the ALRC to inquire into the potential simplification of laws, namely provisions of the Corporations Act 2001 (Cth) and the Corporations Regulations 2001 (Cth), among other legislative instruments. There are three key focuses of ...

ASIC reinforces power to obtain documents

ELIZABETH MCARTHUR  |  MONDAY, 14 SEP 2020
... forex/derivatives trader subject to an ongoing investigation into suspected contraventions of the ASIC Act 2001 and the Corporations Act 2001. Maxi EFX failed to produce certain documents required under the notice, arguing that the notice was unclear ...

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... deceptive and false or misleading representations, as well as consequential breaches of the ASIC Act and the Corporations Act. NULIS and MLC ceased charging the plan service fees in November in 2018 and affected members have been compensated with a total ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia relate to commissions paid to Count Financial and ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) Act 1999 and allows larger families to have one SMSF rather ...