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Showing 2941 - 2950 of 3920 results for "law"

Trio: ASIC evidence insufficient to prosecute Flader

LINDA HAUSKEN  |  WEDNESDAY, 6 JUN 2012
... revealed yesterday it has insufficient evidence to prove controller of the Trio Group, Jack Flader, has breached Australian Law. The Parliamentary Joint Committee on Corporations and Financial Services inquiry into the collapse of Trio Capital report ...

AMP infra fund buys into Indian energy

BEN COLLINS  |  WEDNESDAY, 6 JUN 2012
The AMP Capital Asian Giants Infrastructure Fund has acquired a significant minority stake in Indian clean energy company Shalivahana Green Energy Limited for approximately US$29 million. Based in Hyderabad India, Shalivahana Green Energy Limited (SGEL) ...

ASIC highlights CFD compliance issues

BEN COLLINS  |  FRIDAY, 1 JUN 2012
... investors," said ASIC Commissioner Greg Tanzer. "ASIC expects issuers to know and comply with their obligations under the law and to put in place effective measures and supervisory arrangements to ensure these obligations are met." Mr Tanzer said the ...

Wilson HTM appoints new head of private wealth

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
Wilson HTM Investment Group has appointed former JBWere managing director Brad Gale as new head of private wealth, tasked with growing the business division's reach. "Obviously Brad is a highly credentialed and experienced guy with a unique perspective ...

Government responds to proxy vote concerns

BEN COLLINS  |  FRIDAY, 25 MAY 2012
... the chair to exercise the proxy. The Government has listened to the concerns of business and acted promptly to clarify the law in time for the end of the financial year and upcoming AGM season. Bernie Ripoll's office said that the changes will provide ...

FOFA disadvantages early move on fee-for-service

MELANIE TIMBRELL  |  FRIDAY, 25 MAY 2012
Draft regulation released on grandfathering and conflicted remuneration this week, may disadvantage advisers who have already moved to a fee-for-service model in line with the new FOFA regime. Dante De Gori, general manager policy and government relations ...

ATO clarifies borrowing issues for SMSFs

RACHEL DAVIS  |  THURSDAY, 24 MAY 2012
... Professionals' Association of Australia (SPAA). The ruling has clarified situations where there may be two separate assets at law but because they are inseparable then they will be treated as a single asset for limited recourse borrowing purposes. It ...

Industry questions RE concept after Trio collapse

MELANIE TIMBRELL  |  WEDNESDAY, 23 MAY 2012
An in-house responsible entity has been singled out as a common theme between Trio and other collective investment collapses since 2007, although industry insiders have labelled the comment a rehash of an old debate. "While the report shared around ...

Investors focus on Russian consumer stocks

MELANIE TIMBRELL  |  MONDAY, 21 MAY 2012
Russian consumer stocks are a favoured investment choice in Eastern Europe, as wealth in the region rises and the average debt burden remains low. Michael Hanson-Lawson, chief executive officer of regional investment house East Capital said that although ...

FOFA misses the mark on investment fraud

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
A finance industry lawyer has warned that the FOFA regulations will not prevent Trio, Storm and Westpoint-type disasters from occuring in the future. "There has been no real change to rules making early detection and pre-emptive enforcement easier against ...