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Showing 331 - 340 of 3703 results for "Order"

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
The Federal Court ordered Prospero Markets to be wound up following an application by the corporate regulator. ASIC has been investigating Prospero Markets for non-compliance with its AFSL conditions and obligations as an OTC derivatives issuer. The ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... regulatory and compliance Aron Brown said. "But compliance and risk teams must have the right investment and support in order to be able to do this - particularly when facing the challenges of an increasingly regulated operating environment. "This could ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... managers and strategies which they believe will create alpha. This creates additional choice in the marketplace, but in order for these strategies to gain traction the issuers will need to develop ETF expertise," he said. This would include building ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Lawyers acting on behalf of the embattled Mayfair 101 private equity investment group have applied to the Federal Court to strike out the Australian Securities and Investments Commission's (ASIC) case against the group's managing director James Mawhinney. ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
The federal court has rejected Provide Capital's "illogical" application to prevent ASIC conducting further investigation into the firm. Justice Rofe dismissed Provide Capital's application that alleged ASIC did not have the state of mind required ...

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... sincere congratulations and best wishes to Ms Mostyn on her appointment." In 2021, Mostyn was appointed an Officer of the Order of Australia for distinguished service to business, the community and women. She has been a member of the Australian Faculty ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... scenario. "Basically, if you're providing advice on how an SMSF should invest, that SMSF needed to have $10 million in it in order for it to be properly treated as wholesale," she said. In August 2014, ASIC brought this down a notch. "[ASIC] didn't ...

Director facing $13k fine in first of its kind action from ASIC

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... contravening section 1272C(1) of the Corporations Act 2001 by failing to have a director ID. An interim non-publication order (NPO) was granted by the court prohibiting the identification of the defendant. The charges were listed for a further mention ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... will use Charles River's Investment Management Solution (Charles River IMS) to manage its domestic and global portfolios, order and execution, compliance, post trade processing and front office data. Perpetual chief operating officer Craig Squires commented ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... Birkin will be shown the handbag, typically in a private room, and they can only buy the Birkin they are shown - they cannot order a particular colour, style or size. "The unique desirability, incredible demand and low supply of Birkin handbags gives ...