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Showing 271 - 280 of 516 results for "Powers"

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... of taxation and superannuation obligations. The reforms are also set to improve the effectiveness of the ATO's recovery powers, including strengthening director penalty notices and use of security bonds for high-risk employers, to ensure that unpaid ...

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
... with a corporate-based structure, meaning they will have the legal form of a company limited by shares with most of the powers, rights, duties and characteristics of a public company." Commenting on the release of the draft legislation, Minister for ...

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... to 12%. The Shadow Treasurer also commented Labor has yet to make a call on the Coalition's proposal of giving APRA more powers to give consumers greater flexibility over their super funds, adding the party will examine the proposals carefully and will ...

ASIC advances towards telecommunication intercept powers

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
ASIC could soon be given enhanced powers to receive interception materials, seized by another government agency, in cases of alleged insider trading, market manipulation and financial services fraud. The new powers, outlined in the ASIC Enforcement ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... critical of whether the new body will retain the protections currently present in the Superannuation Complaints Tribunal (SCT) powers. The Association of Superannuation Funds of Australia chief executive Martin Fahy added it will particularly important ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... deposit-taking institutions and their executives. Banking executives will be required to register with APRA, while the regulator's powers to remove and disqualify senior executives will be strengthened. New penalty provisions and deferral of remuneration ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
... the Compliance Monitoring Committee and Australian Securities and Investments Commission more oversight and enforcement powers over the industry, Ohlsson said.

FSC speaks out against elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... of suspected abuse. Among the reforms is the proposed introduction of legislation that would see enduring guardians and powers of attorney that breach their obligations forced to compensate the person they represent. The commission believes this will ...

Global investors missed turning point

DARREN SNYDER  |  TUESDAY, 3 JAN 2017
... An Australian fund manager says the Global Financial Crisis clouded a crucial economic turning point that is beyond the powers of politicians, banks and geographies. Insync Funds Management chief investment officer, Monik Kotecha says in 2011 the world ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... suggested there be "enhanced accountability and oversight over the two new schemes, including through strengthening ASIC's powers." "The current framework, consisting of two industry ombudsman schemes and a statutory tribunal is the product of history ...