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Showing 4641 - 4650 of 6884 results for "Act2"

Same Day Money loses credit licence

LAURA MILLAN  |  MONDAY, 11 MAR 2013
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Credit Licence (ACL) of Cairns-based business Same Day Money. Same Day Money director Lawrence James Sullivan has also been banned from engaging in credit activities ...

Former Astarra director permanently banned from fin services

LAURA MILLAN  |  THURSDAY, 7 MAR 2013
The Australian Securities and Investments Commission (ASIC) announced today that it has permanently banned former Astarra Asset Management director Eugene Liu from providing financial services for failing to comply with financial services laws. Liu ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
ASIC has imposed additional conditions on the Australian financial services licence of NSW-based Lionsgate Financial Group Pty Ltd following a surveillance of its advice business. According to the regulator, Lionsgate currently has 103 authorised representatives ...

Market Wrap

AAP  |  MONDAY, 4 MAR 2013
The Australian market looks set to open slightly lower despite Wall Street reaching a five-year high as it shrugged off the risks to the world's largest economy of impending federal spending cuts and bid up equities At 0630 AEDT on Monday, the March ...

Market Wrap

AAP  |  FRIDAY, 22 FEB 2013
The Australian market looks set to open lower after a global sell-off over concern about a possible end to US stimulus measures and as data showed slumping business activity across the eurozone. At 0830 AEDT on Friday, the March share price index futures ...

Instos on verge of piling into Asian bonds

MARK SMITH  |  THURSDAY, 21 FEB 2013
Australian institutional bond investors are considering increasing their allocations to Asia Pacific, where record levels of bond issuance are broadening opportunities for diversification and relatively high returns. AllianceBernstein director of Asia ...

Co-operation key to avoiding pain from ASIC

MARK SMITH  |  THURSDAY, 21 FEB 2013
Financial services firms who come under fire from the Australian Securities and Investments Commission (ASIC) are better off working with the regulator than prepare for a legal battle, according to a law firm specialising in the area. A seemingly endless ...

EU-wide ban on CDS pointless

MICHELLE BALTAZAR  |  WEDNESDAY, 20 FEB 2013
Academic research from Imperial College found that Credit Default Swap (CDS) spreads are a poor proxy for sovereign default risk, suggesting that the EU-wide ban on naked CDS positions is unlikely to achieve its aims. Lara Cathcart, senior lecturer ...

Rethinking the value of asset consultants

ALEX DUNNIN  |  TUESDAY, 19 FEB 2013
From being the facilitator and ideas generator, today's breed of asset consultants are fast morphing into self-contained institutional investment platforms. Following a recent restructure, Russell Investments new chief executive for the Asia Pacific ...

Van Eyk warns against New Year financial predictions

LAURA MILLAN  |  TUESDAY, 19 FEB 2013
Van Eyk head of Strategic Research Jonathan Ramsay warned financial advisers and investors against New Year financial predictions and asked them to "think carefully before acting on the latest round of New Year predictions for economies and markets." ...