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Showing 351 - 360 of 3918 results for "law"

ASX says CHESS Release 2 costs to hit $320m

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... regularly communicated progress. The ASX denied that the statements made as to the progress of the project contravened the law. "ASX accepts that the delays with the previous CHESS replacement project caused disruption, something for which we have apologised ...

ASIC flags regulatory guide updates for 2025

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... improving regulatory efficiency and reducing regulatory complexity," ASIC said. "To assist regulated entities in understanding the law, we publish updated regulatory guidance on an ongoing basis and this work will continue in 2025." ASIC said in 2025 ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
The Securities and Exchange Commission (SEC) has charged former Western Asset co-chief investment officer Ken Leech for "engaging in a multi-year scheme to allocate favourable trades to certain portfolios." The SEC alleges Leech engaged in the conduct ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favour. I've greatly enjoyed working with my fellow Commissioners, Allison Herren Lee, Elad Roisman, Hester ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
ASIC has issued new regulatory guidance for financial advisers and superannuation trustees relating to four strands of the Delivering Better Financial Outcomes (DBFO) reforms. The regulator issued two new documents regarding fee arrangements: Information ...

Treasury consults on new crypto tax laws

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... consultation paper on the Crypto Asset Reporting Framework (CARF) to explore whether it should be added into Australian tax law, or if government should customise a policy response. The Organisation for Economic Co-operation and Development (OECD) developed ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
ASIC commissioner Simone Constant said the corporate regulator is focused on driving consistency and transparency around super fund investments in the private market. "We have an ongoing dialogue with APRA's work around the valuation of unlisted assets ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... the direction of APRA. The findings of the review are likely to be published before the end of the year. Under Commonwealth law, directors on the boards of superannuation funds such as Cbus have an ongoing obligation to satisfy a 'fit and proper ...

Former adviser charged with dishonest conduct

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... services, is not adequately trained or competent to provide financial services and is likely to contravene financial services law..." Ridgway allegedly provided false information during ASIC's investigation into his role in recommending unlisted ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... number of units issued at the time be made for some members. There have been no findings of breaches or contraventions of the law. The median value of the adjustment will be around $17," the spokesperson said. "This adjustment considers the difference ...