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Showing 391 - 400 of 807 results for "Corporations Act"

Managed accounts provider enters crowdfunding

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
... shares (up to $5 million) in any 12-month period while being exempted from certain disclosure requirements in the Corporations Act. It attempts to reduce the regulatory burden for small companies to raise capital, BIR Financial said. Under the rules ...

Assistant Treasurer refutes breach allegations

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Assistant Treasurer Stuart Robert has countered allegations he breached the Corporations Act. Responding to questions from Financial Standard today, Robert said allegations levelled at him by Labor Senator Chris Ketter during Senate Estimates on Wednesday ...

Advisers gain FASEA credits for existing qualifications

HARRISON WORLEY  |  SUNDAY, 14 OCT 2018
... Robert said. "Four to go. That's not a great impost. One will be ethics. One will look at chapter seven of the Corporations Act - which everyone should know - and there'll be some behavioural finance and one of your own choice." Robert's ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
... companies. Elliot also admitted the bank has operated below what the law requires but maintains it did not breach the Corporations Act. If that is the case, the panel asked, then why have hundreds of people made submissions to the Royal Commission to ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... how organisations are held to account for unethical behaviour," she said. George also called for reforms to the Corporations Act, after the report raised the question as to whether the law or its enforcement served as the basis for unlawful behaviour ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... Practice should be extended to update medical definitions be extended to products other than on-sale products. The Corporations Act, they said, exempts monetary benefits received from life risk insurance products. "Why shouldn't the cap on such benefits ...

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... Hayne that it was open to him to find Rest engaged in misconduct by breaching sections of the SIS Act and the Corporations Act based on the breach report. Earlier, the industry fund's insurance service delivery manager Lachlan Ross faced the commission ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... Council (FSC) chief executive Sally Loane equated removing the carve out of life insurance claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on the final day of its ...

AAT overrides adviser ban

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... engage in dishonest conduct or misleading or deceptive conduct for the purposes of sections 1041G and 1041H of the Corporations Act (the Act). The AAT found Hutchison's conduct breached his contractual obligations with RI Advice to pass on the fees he ...

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... not in a client's best interests. This is inconsistent with or voided by the financial services law in the Corporations Act," ASIC said. READ - Life after Dover: Dealer groups lift due diligence ASIC alleges the policy contained false and misleading ...