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Showing 31 - 40 of 50 results for %22Senate Legal%22

Brogden reveals thinking behind FWC legal challenge

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
... The first is to have the legislation changed. Now, that's a matter for the government and of course it's a matter for the Senate, and I'm confident the government will pursue that avenue in legislation. "However, the government does not control the numbers ...

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud. Speaking at the inquiry Commonwealth ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
... regulator gave favourable treatment to the big end of the market. Wheeldon appeared yesterday at a public hearing of the Senate inquiry into the performance of the regulator. He exposed how the Investment and Financial Services Association - now rebranded ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
The senate has passed a bill allowing promoters of illegal early release schemes to be prosecuted. The bill is targeted at individuals or organisations that charge a fee for aiding clients in illegally accessing their superannuation before the preservation ...

FoFA changes could start before May: Sinodinos

LAURA MILLAN  |  WEDNESDAY, 26 FEB 2014
Assistant Treasurer Arthur Sinodinos told the Senate Standing Committee on Economics today that Future of Financial Advice (FoFA) proposed amendments could come into effect "earlier than May." The senator was asked during the Australian Securities and ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
... between the Australian Securities and Investments Commission (ASIC) and the Australian Federal Police (AFP) was remedied, the Senate Economics Reference Committee has heard. ASIC officials admitted that there was scope for a more efficient delivery of ...

ASIC could implement immediate suspension of advisers

STAFF WRITER  |  THURSDAY, 20 FEB 2014
... advisers if it had powers to do it. ASIC senior leaders were asked about this issue during yesterday's public hearing of the Senate Economics Reference Committee which is currently conducting an inquiry into the regulator's performance. Senior executive ...

Australia's whistleblowing regime far from best-practice

LAURA MILLAN  |  TUESDAY, 10 DEC 2013
... researcher A.J. Brown asked for improvements and changes to Part 9.4 AAA of the Corporations Act in a submission to the Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC). "Part 9.4AAA is limited and has ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
... ASIC's slow reaction on investigating cases of misconduct within the Commonwealth Bank financial planning unit prompted a Senate inquiry into ASIC's performance. The inquiry will take a broad look at ASIC's behaviour and it is expected to look into the ...

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
... employers, nor would it reduce the take-home pay of workers, ASFA added. The mining package was passed by 38 votes to 32 in the Senate last night. The government said it was confident the bill would survive any possible legal challenge, with reports ...