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Showing 291 - 300 of 1333 results for "Corporations"

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... trades. Subsequently, the MDP had reasonable grounds to believe that ABN AMRO contravened subsection 798H(1) of the Corporations Act by failing to comply with Rule 3.4.2(1) of the Rules. The MDP found that ABN AMRO's operations team performed a check ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... Commission, we took action against TAL for breaches of its duty of utmost good faith in handling claims. Changes to the Corporations Act on 1 January 2022 mean that insurers are now legally obliged to act efficiently, honestly and fairly when handling ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where they make their profits. "What I hope to do in the next day or two is to release the discussion ...

Blackstone invests US$400m in ESG commodity exchange

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... entrepreneurial management teams that are well positioned to benefit from fundamental long-term trends." "As more corporations make net-zero commitments, there is an increasing need to efficiently connect them with, and indirectly provide funding for ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... guidance will assist corporate directors to comply with their licensee obligations and other requirements under the Corporations Act." ASIC will update its key regulatory guidelines and release new legislative instrument to further support corporate ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... pressure." Additionally, the submission also made recommendations for the removal of the safe harbour steps from the Corporations Act and clarity on what is needed to satisfy the best interests duty. A profession-wide position on the tax deductibility ...

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... companies in which they invest," Blakey said. "The application of the UNDRIP in legislation will create alignment for corporations and investors who already publicly support these principles and send appropriate signals to those who do not."

ASIC prosecutes market manipulator

CHLOE WALKER  |  TUESDAY, 7 JUN 2022
... to $765,000, or both. Posting on social media as part of an attempt to manipulate the market is illegal under the Corporations Act. This is the first time a person has been convicted of online stock manipulation charges under s1041D of the Act. The corporate ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... through the Assembly to put an end to CalPERS' and CalSTRS' failed attempts to transform oil, gas, and coal corporations into clean energy companies," Fossil Free California communications coordinator CJ Koepp said. "These investments have real-world ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... system with impunity for decades and they are now reaping the benefits." Oxfam's brief also revealed that global corporations in the energy, food and pharmaceutical sectors are posting record-high profits, even as wages have barely budged, and workers ...