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Showing 371 - 380 of 833 results for "Corporations Act"

ASIC to survey whistleblower policies

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
... a policy might otherwise offer," Price said. All companies are bound by the whistleblower protections in the Corporations Act from 1 July 2019, regardless of whether they are required to have a whistleblower policy.

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... impractical." And again, FASEA failed to consult with the industry on this point, he said. "Despite being required by the Corporations Act, FASEA never consulted on this requirement to avoid all conflicts," Anderson said. Anderson said FASEA does not ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... "excluded dealings". However, platform operators are not recognised as "associates". The FSC is asking for the Corporations Act to be amended (or a regulation) to broaden the definition of excluded conduct to include such situations. "A large proportion ...

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... congratulates successful candidates on completing an important component of their education requirements under the Corporations Act," FASEA chief executive Stephen Glenfield said. "Unsuccessful candidates are able to re-sit the exam and these advisers ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... monitor the actions of their promoters. The regulator is seeking a number of declarations, including under the Corporations Act that Tidswell and ZIB failed to comply with their obligations as licensees and, under the ASIC Act, that Mobi engaged in misleading ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... ASIC, members then received no service from financial advisers. This was a contravention of s912A(1)(a) of the Corporations Act, the regulator alleges. The two firms also failed to disclose that MLC Masterkey Personal Super members had a right to turn ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... the consolidation of superannuation accounts. However, the judge added the Westpac subsidiaries contravened the Corporations Act in 14 of 15 customer phone calls by implying the rollover of super funds into a BT account was recommended. This came about ...

AFA calls for clarity on ethics code

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... laws, way above the current law," the AFA told members. "We simply do not understand how it is possible, when the Corporations Act only requires conflicts to be managed, and the law specifically permits life insurance commissions and other conflicted ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... engaging in dishonest conduct in the course of carrying on a financial services business, a contravention of the Corporations Act 2001. According to ASIC, Miller advised clients CFS Private Wealth clients to invest funds with CFS Corporation (CFS), which ...

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... will no longer monitor and enforce the Financial Planners and Advisers Code of Ethics. However, enshrined in the Corporations Act 2001 is an obligation for AFS licensees to ensure that their financial advisers are covered by an ASIC-approved compliance ...