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Showing 531 - 540 of 833 results for "Corporations Act"

CPA granted AFSL

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... "Independence is at the heart of CPA Australia Advice. Our operations will be consistent with Section 923A of the Corporations Act 2001 which allows us to use terms like 'independent', 'impartial' and 'unbiased' when referencing our services. "We'll ...

ASIC commences proceedings against Westpac

ALEX BURKE  |  WEDNESDAY, 6 APR 2016
... of the Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act), s.912A(1), s.1041A of the Corporations Act 2001 (Cth) (Corporations Act)." In addition, ASIC will seek "pecuniary penalties" against the bank, including the establishment ...

ASIC calls out weak conflict policy in vertical business

ALEX BURKE  |  WEDNESDAY, 23 MAR 2016
... consider that a failure to identify and manage conflicts of interest may lead to significant breaches of the Corporations Act and fiduciary duties, and result in reputational and financial damage."

ASIC tightens Macquarie's AFSL

ALEX BURKE  |  FRIDAY, 11 MAR 2016
... Macquarie breach reports between 2004 and 2014 pertaining to "breaches of the client money provisions of the Corporations Act." These breaches included failing to deposit client money into a designated trust account and making unauthorised withdrawals ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
... concern with the proposed limitation of concessions to so-called 'sophisticated investors' as defined in the Corporations Act 2001. KPMG said this limitation, which is defined as those earning more than $250,000 per annum or having a net worth of more ...

ASIC cracks down on "independent" AFSLs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... raised concerns about the language being used to promote their services. Specifically, ASIC said that under the Corporations Act, a business can only describe a financial service as "independent" if no commissions, volume-based payments or "other gifts ...

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
... failure to ensure consumers were given appropriate advice. ACE admitted that there had been contraventions of the Corporations Act and ASIC Act, including a requirement to take reasonable steps to ensure representatives complied with the best interests ...

ACSI and TIAA-CREF drive poll voting

DARREN SNYDER  |  TUESDAY, 9 FEB 2016
... Australian-listed companies for some time. "In the longer term, polling should be a mandatory requirement enshrined in the Corporations Act," Davidson said. "We're seeing an increased interest by international investors in the corporate governance of ...

Cbus Royal Commission findings impact industry

DARREN SNYDER  |  WEDNESDAY, 6 JAN 2016
... Australian Securities and Investments Commission (ASIC) over the information leak and possible breaches of the Corporations Act. Details on former CFMEU construction and general division NSW state secretary Brian Parker have also been referred to ASIC ...

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... two companies for the years ending 30 June 2013 and 2014 when he was not a registered company auditor under the Corporations Act 2001. ASIC Commissioner John Price said auditors are important gatekeepers who play a crucial role in the SMSF sector. "SMSF ...