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| | | ... proceedings, ASIC is seeking declarations, a pecuniary penalty, and court injunctions to put a stop to the alleged "contravening conduct." The date for the first case management hearing is yet to be scheduled by the Court. |
| | | | ... time limit for the ATO to bring Federal Court proceedings on promoter penalties from four years to six years after the conduct occurred. The new legislation will also increase the power of regulators, with the recommendation that secrecy laws which currently ... |
| | | | ... this as another reason for the extension. After the bill passes into law, ASIC said it will issue regulatory guidance, conduct webinars, and open the registration portal to commence accepting applications for registration. The bill also includes proposed ... |
| | | | ... modelling, based on the mini fact find. Once a comprehensive fact find has been completed and/or updated, advisers can conduct more extensive modelling. "This can form the basis of insightful and robust client discussions. It also speeds up the delivery ... |
| | | | In response to the scarcity of risk advisers in the country, Risk Hub and LGF Financial Services (Loyalty) are collaborating on a pilot project aimed at addressing the issue. The pilot project, due to be rolled out in the coming months, will invite ... |
| | | | ... the acting chief executive. IFIA seeks to promote and ensure compliance with high standards of professional and ethical conduct within the Islamic banking and finance sector and by members of the company, Omran said. It will represent the professional ... |
| | | | Close to 80% of local investors adjusted their investment strategy towards a more conservative approach in the last six months, according to HSBC's latest investor survey. The second iteration of the group's Investor Insights Survey found that ... |
| | | | Hopes are high for global family offices as Citibank's latest report records overall optimism for the next 12 months, notwithstanding concerns about inflation and geopolitical strife. According to Citibank's Global Family Office Survey Insights 2023 ... |
| | | | The number of Australian investors holding more than $1 million of investable assets increased by 10,000 in the past year to 635,000, according to Investment Trends' latest research. The 2023 High Net Worth Investor Report, sponsored by Praemium, is ... |
| | | | The financial confidence of older Australians continues to take a beating thanks to mounting cost-of-living pressures, as many feel they will struggle with it well into the future, a new study shows. Eighty percent of people aged 50 years old and over ... |
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