Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 1369 results for "Corporations"

NAB-owned WealthHub cops $1m ASIC fine

VINNY VUCAGO  |  WEDNESDAY, 15 JUL 2026
... infringement notice. ASIC noted payment of the penalty does not constitute an admission of guilt or liability under the Corporations Act.

ASIC consolidates compliance rules for platforms

RIDDHIMA TALWANI  |  WEDNESDAY, 8 JUL 2026
... access to their investment details. It noted it has also improved and simplified the structure and language. ASIC Corporations (platforms - investor directed portfolio services (IDPS) and IDPS-like schemes) Instrument 2026/395 will replace the reliefs ...

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI  |  WEDNESDAY, 1 JUL 2026
... "The partnership limit on law firms, for example, is 400 and the Parliamentary Joint Committee on Financial Services Corporations recommended that we look at that same limit of 400. So that's one of the options that we have included in the paper," ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... as director of Trent Bowden Trading Pty Ltd to gain an advantage for himself, contrary to section 184(2)(a) of the Corporations Act 2001. Each offence carries a maximum penalty of 15 years' imprisonment. The charges related to conduct between 13 March ...

ASIC moves to preserve derivatives and securities relief framework

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... lending arrangements, which provides exemptions from certain substantial holding disclosure requirements under the Corporations Act. The consultation forms part of ASIC's regular review of legislative instruments approaching sunset. While the regulator ...

Imprisoned fraudster's wife banned by ASIC

MATTHEW WAI  |  MONDAY, 15 JUN 2026
... Shashikumari Agrawal (Mrs Agrawal), the wife of the imprisoned director Krishnakumar Agrawal (Mr Agrawal), from managing corporations for five years due to her role in the collapsed Mansa Group. Mrs Agrawal and Mr Agrawal were the directors of the entity ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... referring or facilitating access to a life insurance product and the initiating party complies with obligations under the Corporations Act, ASIC Act, Privacy Act and other consumer protection laws. "This approach keeps reforms tightly focused on harmful ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... who have been notified of the wind up and termination of the fund. Subject to the statutory notice period under the Corporations Act, the fund is expected to commence winding up on June 22." In the 2026 half year, the fund achieved -9.2% net of fees ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Outgoing ASIC chair Joe Longo has used his final appearance before the Parliamentary Joint Committee on Corporations and Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change ...

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... others' economies, they may not even need to maintain their 800 bases. From a purely business perspective, when corporations find a more efficient way to do the exact same thing and save costs, they always go for it. So why wouldn't that apply? ...