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Showing 451 - 460 of 1335 results for "Corporations"

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... its report shows how it helped the law "work better for business" by granting 619 applications for relief from the Corporations Act and National Credit Act during the six month period. ASIC said the relief had a "net regulatory benefit" by facilitating ...

ASIC sues CBA, CFS over RC case

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... Essential Super fund as a result of the distribution agreement, which ASIC believes amounts to a contravention of the Corporations Act's ban on conflicted remuneration. ASIC said the arrangements could reasonably be expected to influence the choice ...

FIIG calls for taxation, regulatory overhaul

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... generation enters the retirement and drawdown phase of their superannuation portfolios. The submission pointed to the Corporations Act which requires advisers act in the 'best interests of the client' which by extension, it said, should include ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... scheme. The judgement comes following findings made in February earlier this year, in relation to breaches of the Corporations Act. The Court found Allianz Metro, along with Eustace Senese and Yoav Ida, breached the Corporations Act by providing paying ...

FASEA extension passes

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... Senator Rex Patrick sought an amendment. The amendment Patrick sought deals with a loophole that allows some large corporations on an 'exempted companies' list to not file financial records with ASIC. He argued an amendment to the omnibus bill ...

Senator remains firm on FASEA extension

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... (a bits and pieces bill)," Patrick said. The amendment Patrick sought deals with a loophole that allows some large corporations on an 'exempted companies' list to not file financial records with ASIC. Patrick insinuated in the Senate that many of the ...

ASIC ends relief for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
ASIC has announced an end date or the COVID-19 regulatory relief for financial advisers. The ASIC Corporations (Trading Suspensions Relief) Instrument 2020/355 will be repealed on 15 October 2020. "ASIC had publicly stated that these relief measures ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... One Nation supported it. Labor Senator Jenny McAllistor said that Labor does support the bill, which will amend the Corporations Act to allow financial advisers more time to meet the new FASEA education standards. "These are unfortunate but necessary ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... Telecommunications (Interception and Access) Act 1979 as including various types of criminal offending, including Corporations Act criminal offence provisions prohibiting insider trading, market manipulation, and in the financial services context - false ...

Sam Henderson in court over phantom degree

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... in an information memorandum dated May 2011. "ASIC also alleges that Mr Henderson breached s952D(2)(a)(ii) of the Corporations Act in 2014 and 2016 by giving at least two clients a Financial Services Guide, containing the false representation that he ...