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Showing 451 - 460 of 516 results for "Powers"

Govt flags August for market supervision transfer

MICHAEL HOBBS  |  WEDNESDAY, 9 JUN 2010
The government said transferring market supervision powers to the regulator could occur by August this year, a move that will open the door for more participants to enter the market. Speaking at the 2010 Annual Stockbrokers Conference yesterday, Chris ...

KPMG challenges ASIC on Constitutional powers

ASIC RELEASE  |  THURSDAY, 20 MAY 2010
... the ASIC Act that authorises the legal action is unconstitutional. The accounting firm contends that section 50, and the powers it gives ASIC, are contrary to section 51 (xxxi) of the Constitution and is therefore invalid. Section 51 (xxxi) of the Constiution ...

Govt to inject $25m into 'best practice' regulation

MICHELLE BALTAZAR  |  WEDNESDAY, 12 MAY 2010
... that will teach and train the next generation of financial regulators in Australia while building ties with the regulatory powers-that-be in Asia. Speaking at a post-Budget breakfast in Sydney this morning, the Minister for Financial Services, Superannuation ...

Trustees urged to review power of attorney

MICHAEL HOBBS  |  THURSDAY, 15 APR 2010
Self managed super fund (SMSF) trustees should look over the fine print of their enduring powers of attorney documents for their fund because state and territory law can affect when and how that power is moved. Enduring power of attorney refers to the ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 MAR 2010
... ahead of a key visit by the Greek premier to France and Germany at the weekend when markets had been expecting the two powers to come up with concrete support measures for Athens. In London, the main FTSE 100 index slipped 6.05 points, or 0.11 per cent ...

From ratchet to resilient: an economy in bloom

MICHELLE BALTAZAR, MICHAEL HOBBS  |  THURSDAY, 4 FEB 2010
... described as a ratchet economy, meaning its booms and busts are more pronounced than its peers. Fast forward to 2007 when the powers that be had to navigate through the murky waters of the GFC and, to everyone's surprise, the Australian economy emerged ...

ASIC power boost could trigger witch-hunts

RUTH LIEW  |  FRIDAY, 29 JAN 2010
Some investment experts worry the government's plans to increase ASIC's investigative powers could spark industry witch-hunts. Indy Singh, managing director of Fiducian, said the government has to tread carefully when increasing ASIC's powers and assure ...

Rationalise me

MEDIA RELEASE  |  MONDAY, 14 DEC 2009
... management in the Australian market could be classified as legacy products. "IFSA is confident that if provided with appropriate powers of oversight, regulators will be able to manage the identification, justification and 'no detriment' tests that would ...

Arise Chindonesia

ALEX DUNNIN  |  WEDNESDAY, 21 OCT 2009
China may be the darling of economic groupies, India the superpower in waiting, but realisation is growing that Indonesia may be their rocket fuel. Regional analysts have been so taken with the possibility that editorials around Asia are now spruiking ...

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
... misleading or deceptive conduct when she falsely witnessed applications for loan documentation in forestry products and powers of attorney. Keep was also found to have acted recklessly in relation to whether the documents had been forged prior to receiving ...