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Showing 331 - 340 of 6070 results for "Commission"

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... Economics says. Despite the enormous regulatory and qualification upheavals advisers experienced since the Hayne Royal Commission, the study found that opportunities abound and there is cause for optimism as the industry reaches a tipping point. To be ...

Treasury releases M&A draft reforms

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... anti-competitive acquisitions to manage regulatory risk, which is currently how most transactions are notified to the commission. Treasury said it is seeking feedback on the effectiveness of the exposure draft.

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... transaction. ANZ chief executive Shayne Elliott said the bank had been working with the Australian Securities and Investments Commission (ASIC) as well as launching its own internal investigation. "With the assistance of external counsel, we are investigating ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
The Australian Securities and Investments Commission (ASIC) has released its final report on equity market integrity in Australia. ASIC said it will be establishing a dedicated criminal investigation team to swiftly progress insider trading investigations ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... must also reimburse $14.7 million to students who enrolled in the MWC course, the Australian Competition and Consumer Commission (ACCC) announced. The redress orders are to compensate the equivalent amount to the course fees paid by more than 2100 students ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
The Securities and Exchange Commission (SEC) has given final and official approval Ethereum ETFs, making it the second digital asset ETF to hit US markets after Bitcoin ETFs were launched in March this year. Back in May, the SEC approved eight Ethereum ...

ASIC hits Melbourne adviser with travel ban

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
The Australian Securities and Investments Commission (ASIC) has secured a travel restraint order against Melbourne-based adviser Barry King. The orders prevent King from leaving or attempting to leave Australia until 1 April 2025. They were made by ...

Government urged to overhaul gift tax system

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
The Australian government has tabled the final report of the Productivity Commission's (PC) inquiry into philanthropy in Australia: Future foundations for giving. The report makes several recommendations to strengthen the foundations of philanthropy ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... contain a tranche that doesn't steer too far from the defunct SIV. Despite studies from Treasury, the Productivity Commission, and Grattan Institute that support the government's decision and point to the negative fiscal impacts of BIIP, SGH ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
The Australian Securities and Investments Commission (ASIC) has banned Queensland-based financial adviser Anass Abdalla. ASIC said Abdalla has been banned from providing any financial services, performing any function involved in the carrying on of ...