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Showing 511 - 520 of 1464 results for "Investments Commission"

AQUA II exemptions unfairly favour ASX: FSC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... This, the FSC said, gives the ASX an unfair advantage. In a submission to the Australian Securities and Investments Commission (ASIC), the FSC said the relief ASIC proposes to grant the AMFS should be "provided on a competitively neutral basis - that ...

Best Interest drives advisers away from products

LAURA MILLAN  |  MONDAY, 29 JUL 2013
... that advisers will have to put together "a defensible advice process so if the Australian Securities and Investments Commission (ASIC) knocks at your door and asks why did you recommend a product, you can explain why." "The Storm case was a completely ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The first submissions to the Senate Economics Committee's inquiry into the Australian Securities and Investments Commissions (ASIC) performance have been made public. The Senate Committee has received at least four submissions and has made two of them ...

Yellow Brick Road amends staff authorisations after ASIC concerns

MARK SMITH  |  FRIDAY, 26 JUL 2013
... than 100 people working in its branches as credit representatives. However, the Australian Securities and Investments Commission said that the national credit licensing framework also required YBR to authorise the companies which operate the branches ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

Scam artists impersonate ASIC and MoneySmart

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
... being warned to be wary of scam artists impersonating representatives of the Australian Securities and Investments Commission (ASIC) and MoneySmart. ASIC said the confidence tricksters are calling up from offshore telling unsuspecting consumers that ...

AFA to release code of conduct this year

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
... already released a draft code of conduct in July 2012 and has been waiting for the Australian Securities and Investments Commission (ASIC) to release guidance on the issue, which the regulator did in March 2013. "The AFA is absolutely committed to the ...

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
... to cover the costs of the enforceable undertaking ant the monitoring that the Australian Securities and Investments Commission (ASIC) imposed to the group. The enforceable undertaking lasted from December 2010 to March 2012, but ASIC recently asked the ...

ASIC freezes defendants' assets in Wickham case

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders to freeze the assets of the 15 defendants in the legal proceedings against Wickham Securities executives. The defendants include eight companies related to Wickham founder ...

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... Treasury, the Tax Practitioners Board (TPB), industry, the profession and the Australian Securities and Investments Commission (ASIC) in regard to developing enhanced education requirements for financial planners. The paper asks for the requirement for ...