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Showing 311 - 320 of 1369 results for "Corporations"

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... CHESS, which will be audited by Ernst & Young. This is the first time ASIC has used its delegated power under the Corporations Act 2001 against an operator of a licensed market infrastructure for the purposes of auditing the support and maintenance of ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... generally and public trust in them." As a result of the conviction, Cooper is automatically disqualified from managing corporations for five years from the date of conviction. Cooper was first charged with conspiring to commit market manipulation in ...

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... respectively of using their positions dishonestly for the benefit of another, contrary to s184(2)(a) and (b) of the Corporations Act. The matter has been adjourned to 28 February 2023. The Commonwealth director of public prosecutions is prosecuting the ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... ongoing review of financial services law. In its latest submission to the ALRC review of the Legislative Framework for Corporations, the FPA has suggested financial advice regulations are prioritised to transition to the ALRC's proposed structure of ...

Chuck out Chapter 7: Broome

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
Ex-FPA chair Marisa Broome believes that when it comes to regulation for advisers, Chapter 7 of the Corporations Act is not fit for purpose. Addressing the crowd at the FPA Congress 2022, Broome said that for 90% of what she does as a planner, she doesn't ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... education standards. The Australian Law Reform Commission is working to clear a path through that maze that is the Corporations Act, and all of the many associated regulations," she said. "The common factor, of course, is the onerous regulatory structure ...

ASIC accepts EU firm from advice firm

CASSANDRA BALDINI  |  TUESDAY, 15 NOV 2022
... firm and its authorised representatives failed to provide Statements of Advice (SoA) to clients as required by the Corporations Act. The investigation identified the firm and its authorised representatives failed to provide SoAs to clients at least 24 ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... Gordon class actions senior associate Alex Blennerhassett said. "Class actions are one way people can take on big corporations, including Australia's Big Four banks." Slater and Gordon previously filed a separate class action against ANZ, OnePath ...

Packhorse lists cattle stations for sale

CHLOE WALKER  |  MONDAY, 7 NOV 2022
... said that the sale process, through which the properties could be acquired individually or collectively, meant that corporations, large private investors and local farmers would all have an opportunity to participate in the process to ensure that the ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... commercial loans but ANZ didn't pass them on. The court ruled in ASIC's favour, saying ANZ contravened the ASIC Act, the Corporations Act, and the National Consumer Credit Protection Act. It said ANZ made false or misleading representations to certain ...