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Showing 391 - 400 of 1335 results for "Corporations"

WAM sees court win over Keybridge

ELIZA BAVIN  |  FRIDAY, 8 JAN 2021
... proceedings, to have the court extend the time upon which it was able to have given Keybridge notice under s630 of the Corporations Act," Keybridge said in a statement. "The implications of the late notice were that WAM Active would not have been able ...

Ignition Advice chief exits

ELIZA BAVIN  |  WEDNESDAY, 6 JAN 2021
... is the time to focus on family, friends and the holidays. In the New Year I will look at how I can help to connect corporations, fintechs and investors and deliver value from my experience gained operating on all sides of the wealth management and fintech ...

FASEA exam results for November 2020

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
... congratulates successful candidates on completing an important component of their education requirements under the Corporations Act," FASEA chief executive Stephen Glenfield said. "Over 12,573 advisers have sat the exam with 9 in 10 demonstrating they ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... global best practices for the disclosure of portfolio manager names, fund ownership, and compensation. "Australian Corporations Act amendments that would require super trustees to publish portfolio holdings online were due to come into effect on 31 December ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... advisers have to disclose any lack of independence in writing, as foreshadowed by recommendation 2.2. The new law cites Corporations Act section 923A(2) of what an "impartial" or "independent" adviser is: does not receive a commission, remuneration based ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
ASIC alleges iSignthis breached the Corporations Act by failing to disclose material information in relation to three integration arrangements and failing to tell the ASX that VISA terminated its relationship over suspicious transactions. The corporate ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... charged with two counts of failing to exercise his power as a director and discharge his duty in good faith under the Corporations Act. Naseeruddin's Secure Investments marketed itself as a direct property development investor and received around ...

SMSF fraudster sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... at risk," ASIC commissioner Sean Hughes said. Gore also faces three charges of acting in the management of three corporations (MOGS, Sleipner and Arion) while disqualified from doing so. Prior to sentencing, Gore lodged an appeal for the earlier guilty ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... congratulated the successful candidates for completing an important component of their education requirements under the Corporations Act during these extraordinary circumstances. "Over 11,690 advisers have sat the exam with nine in 10 demonstrating they ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
... to hold an AFSL. For example, an exemption can be claimed through section 911A(2)(a) and section 911A(2)(b) of the Corporations Act. These are the authorised representative and intermediary authorisation exemptions. "A trustee of an unregistered scheme ...