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Showing 351 - 360 of 734 results for "Amendment"

ASIC needs tougher, direct powers: Taskforce

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
ASIC should be given tougher intervention powers to direct how an Australian financial services licensee addresses or prevents compliance failures. The latest report from the ASIC Enforcement Review Taskforce highlights several shortcomings the corporate ...

Shareholders need greater voice on ESG: ACSI

DARREN SNYDER  |  MONDAY, 30 OCT 2017
... company meetings. Under the existing framework, shareholders who wish to raise an issue must propose a constitutional amendment or vote against the re-election of directors. ACSI chief executive Louise Davidson said: "Australian laws make it difficult ...

Fintech regulatory sandbox draft legislation released

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
The Federal Government has released regulatory sandbox draft legislation in an effort to allow fintechs to test financial services and products without the burden of an AFSL. Treasurer Scott Morrison said the proposed legislative package supports the ...

MLC Life enhances benefits, boosts savings

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
A greater number of MLC Life Insurance retail advice clients can now access multi-cover discounts. By extending its eligibility criteria for such savings, MLC Insurance and MLC Insurance (Super) customers are being rewarded for making an important financial ...

BEAR closer to legislation

KARREN VERGARA  |  FRIDAY, 20 OCT 2017
... the Turnbull Government yesterday referring its Bill to the House of Representatives. Incorporating the Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2017 to the Banking Act will bring tough new rules and greater ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... independence." Over two days, the public hearing covered proposals to amending three superannuation bills: Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Bill 2017; and Superannuation Laws Amendment ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... governance model for superannuation funds and preserve the equal representation rule. In response to the Superannuation Laws Amendment (Strengthening Trustee Arrangements) Bill 2017 sitting before a Senate economics committee, AIST said there is no evidence ...

BEAR cracks down on executive pay

KARREN VERGARA  |  MONDAY, 25 SEP 2017
... banks to defer a large portion of executives' remuneration if they breach accountability obligations. The Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2017 will make banks and its senior executives and directors ...

Passive investors excluded from small business tax cuts

EMMA RAPAPORT  |  TUESDAY, 19 SEP 2017
Passive investment companies, including property and share investors, cannot access the lower company tax rate, the Government has confirmed. Following the release of draft tax legislation, Minister for Revenue and Financial Services Kelly O'Dwyer said ...

Xenophon team introduce unpaid super Bill

KARREN VERGARA  |  MONDAY, 11 SEP 2017
... address the shortcomings of the current superannuation system that's resulted in billions of unpaid super. The Fair Work Amendment (Recovering Unpaid Superannuation) Bill 2017 seeks to strengthen the superannuation system by allowing employees to effectively ...