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Showing 451 - 460 of 833 results for "Corporations Act"

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
... structure. The amendments released for consultation yesterday include a revised draft of the new chapter in the Corporations Act concerning the operation of CCIVs; changes to meetings rules and members' rights and remedies; and an explanation of ...

Molopo board ousted at AGM

ALEX BURKE  |  FRIDAY, 1 JUN 2018
... Keybridge noted that the ASX recently said Molopo has committed serious breaches of listing rules and potentially the corporations act. In response, Molopo said it was "cognisant of the company's obligations under the listing rules and remains committed ...

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... business over unpaid debts in March the same year. The proceedings sought to find Growth Plus contravened the Corporations Act by issuing units in the Australian Diversified Sector Income Fund, with ASIC also seeking declarations Growth Plus was the ...

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
... standards and their implicit values enshrined in the text, context and purpose of the ASIC Act specifically and the Corporations Act generally," Justice Jonathan Beach said in his judgement. In the four occasions where the bank was ruled to have engaged ...

Molopo restrained ahead of AGM

ALEX BURKE  |  THURSDAY, 24 MAY 2018
... Keybridge noted that the ASX recently said Molopo has committed serious breaches of listing rules and potentially the corporations act. In response, Molopo said it was "cognisant of the company's obligations under the listing rules and remains committed ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
... have endangered the financial system they are meant to support. This cannot stand." Citing section 912a of the Corporations Act, he added that licenced firms "must take reasonable steps to ensure that its representatives comply with financial services ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... and Ethics Authority (FASEA) will be enforced by ASIC-approved compliance schemes. ASIC has proposed that the Corporations Act be reformed to require AFS licensees and authorised representatives to provide information to all code monitoring bodies to ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... ASX amounts to misleading and deceptive conduct and a breach of its continuous disclosure obligations under the Corporations Act 2001 (Cth) and the ASX Listing Rules." Two shareholder class actions have already been established in the courts, by Phi ...

Keybridge outraged at latest Molopo transaction

ALEX BURKE  |  MONDAY, 14 MAY 2018
... Molopo are compounded by the fact that this has occurred in flagrant disregard for the ASX listing rules and the Corporations Act by which the Molopo board is bound," Keybridge told Molopo shareholders. Keybridge said Molopo's board has engaged in conduct ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... operates at both the licensee and adviser level, saying such a change would require a fundamental overhaul of the Corporations Act. "This would seem to add duplication with limited benefit. Over the longer term it is possible that the option of individual ...