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Showing 461 - 470 of 516 results for "Powers"

When ASIC knocks, answer immediately

RUTH LIEW  |  THURSDAY, 2 JUL 2009
... two accountants (mistakenly reported in the media as financial planners) to hand them notices illustrate the far-reaching powers of the regulator, says an industry expert. Deen Sanders, deputy chief executive of the Financial Planning Association of ...

Future lies in present

BENJAMIN ONG  |  MONDAY, 22 JUN 2009
... past week saw proposals for sweeping financial reforms in the US, calls for tighter financial regulation in the UK and powers to break up 'too big to fail' banks in Switzerland. Naturally, financial markets became concerned for it introduces another ...

Market Wrap - Morning

AAP  |  THURSDAY, 18 JUN 2009
... supervision. President Obama also unveiled wide financial regulatory reform plans that will see the Federal Reserve gain broad powers and a national bank supervisor created to avoid a repeat of the financial crisis. The Dow Jones Industrial Average fell ...

Plato receives $20m inflow

MICHAEL HOBBS  |  TUESDAY, 7 APR 2009
... Hamson said the ban isn't affecting the strategy's ability to perform. "Hopefully we're getting close to the time where the powers that be will take [the ban] off but I don't think its really hindered us, if anything a lot of those financials are so ...

We are the world

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2009
... in a fortnight to hatch their escape from the GFC. The extent of the crisis is such that a concerted effort by the great powers is needed. As events of the past months have shown, individual governments working on their own have failed to stop the rot ...

Opposition slams govt short selling claims

MICHAEL HOBBS  |  TUESDAY, 24 MAR 2009
... for covered short selling and the Australian Securities and Investments Commission's (ASIC) compliance and enforcement powers are aligned with IOSCO's second and third principle. Sherry also said appropriate short selling exemptions were put in place ...

Pay to perform

MICHELLE BALTAZAR  |  THURSDAY, 19 MAR 2009
The Federal Government is granting super funds and fund managers more powers to reject or approve executive remuneration schemes, marking the end of an era blotted by outrageous 'golden handshakes' and excessive bonuses. Under legislative reforms announced ...

AFA unveils policy committee

RUTH LIEW  |  TUESDAY, 10 MAR 2009
... Government enquiries. Some of these include finding ways to increase consumer literacy and education, ensure that ASIC has powers to qualitatively assess product providers rather than focusing on ensuring their documents are legally acceptable and continuing ...

Asia FMs to wield more power

MICHELLE BALTAZAR  |  THURSDAY, 12 FEB 2009
While US and European fund managers are reeling from the wave of investor redemptions during the credit crisis last year, their Asian counterparts enjoyed net inflows to the tune of US$140 billion. According to a report from US-based researcher Strategic ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... institutions not to restrict lending. Like all other economies, it too is suffering. But because of the Beijing's 'persuasive' powers, it is managing to cushion its economy from the evaporation of global demand. Geithner may be adamant to keep banks ...