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Showing 411 - 420 of 2379 results for "Rule"

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
The corporate regular has refreshed guidance on remediation activities, as it reveals close to $2 billion in redress remains unpaid. Over the past six years, ASIC has overseen at least $5.6 billion in remediation for an estimated seven million consumers ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
... is to clarify and make it much clearer about the circumstances in which a person is giving personal advice. I think as a rule of thumb, if you have a relationship with a person and you're making a recommendation, you're likely to be giving personal ...

Super funds more likely to recall shares for proxy votes: Research

RACHEL ALEMBAKIS  |  TUESDAY, 20 SEP 2022
... voting rights in line with proxy voting policies, research has found. In the decade since the introduction of the "two-strikes rule" in 2011, more institutional investors are recalling shares in the month leading up to AGM voting seasons in May and November ...

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... facility is a trading mechanism enabling market participants to arrange and transact orders of significant size off-market. Rule 3.4.2(1) of the ASIC Market Integrity Rules (Futures Markets) 2017 (Rules) prohibits market participants from aggregating ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
The SMSF Association is urging Canberra to address legacy pensions and extend the temporary absence rule for non-residents in its first budget. In the Associations submissions, chief executive John Maroney highlighted several key measures that remain ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
Regulations relating to requirements for superannuation funds to disclose expenditures with the Annual Member's Meeting notice have been updated. Last month, the government published draft regulations for consultation. As previously reported by Financial ...

Perth Mint faces AUSTRAC probe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
The Perth Mint is the subject of an AUSTRAC investigation into compliance with anti-money laundering laws. The financial crimes regulator has ordered the appointment of an external auditor to Gold Corporation, which trades as The Perth Mint, to assess ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
Having attributed its strong FY22 earnings to its recent acquisitions, Insignia Financial's Renato Mota is not ruling out future M&A opportunities to add scale. "We have undertaken two large acquisitions, I think that's provided us with tremendous ...

Adam Willis joins DWS distribution team

ANDREW MCKEAN  |  TUESDAY, 23 AUG 2022
DWS has hired Adam Willis as a senior client coverage specialist in its client coverage division across the Australian and New Zealand markets. Willis is Sydney-based and reports to DWS head of client Coverage Division Australia and New Zealand Lidia ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
... for people to make additional contributions, whether it's from the proceeds of selling a home or through the carry-forward rule of unused concessional contributions. "All these options can be a great way to grow balances faster," Steele said. Class general ...