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Showing 291 - 300 of 2046 results for "Legislation"

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... a robust regulatory framework for cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). This legislation also seeks to bolster consumer protection, promote investment, and streamline the rapidly growing crypto industry in Australia. ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... consideration from future governments, such as a compulsory statement of compatibility around how any new superannuation legislation aligns with the new objective?" Broderick said. Broderick also warned of the risks associated with legislating the proposed ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
Targeting dodgy employers, the government is introducing new legislation to combat the underpayment of workers' superannuation. Treasurer Jim Chalmers announced that new legislation will be introduced to Parliament this week, focused on enshrining workers' ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
The potential super shake-up, which includes contentious provisions on pension payments and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
The Australian government has released draft legislation aimed at promoting competition in the clearing and settlement services market. Under the proposed legislation, ASIC will have the authority to create regulations to encourage competition while ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... that's the case and talk to your members about it." She said there is a lot that funds can do under today's legislation in the financial advice space. "I think everybody waiting for the QAR [legislation] to come out is probably not helpful," ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... Bills are not passed this month, consumers will be waiting until 2024 to receive compensation." Jones aims to put the legislation over the line when parliament reconvenes in about a fortnight. The CSLR aims to provide compensation to eligible consumers ...

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... Financial Service Providers Register," he said. The new licensing requirements were mandated by the Financial Services Legislation Amendment Act (FSLAA), which took effect in 2019. The act also mandates advisers to adhere to the Code of Professional ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... voiced concerns over the proposed Compensation Scheme of Last Resort (CSLR) and Financial Accountability Regime (FAR) legislation. While acknowledging the positive impact of an effective CSLR in promoting consumer trust in financial advice, the FPA expressed ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... raised concerns, along with the administrative and financial burden for individuals who inadvertently fall foul of the legislation. Previously, the Listed Investment Companies & Trusts Association (LICAT) also criticised the proposed changes, warning ...