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Showing 541 - 550 of 1336 results for "Corporations"

Beyond the China A shares hype

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... third most populous region and the sixth largest economy in aggregate. Even before the trade tensions began, many corporations were relocating manufacturing operations to South East Asia as China became less cheap to do business. The trade tensions have ...

Whistleblowers given new protection

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... whistleblowers who report misconduct about companies and company officers have more rights and stronger protections. The Corporations Act 2001 has been updated to better protect corporate whistleblowers by requiring their confidentiality is maintained ...

ASIC chases licensee over conflicted remuneration

HARRISON WORLEY  |  THURSDAY, 13 JUN 2019
... Federal Court. The corporate regulator is seeking to declare The SMSF Club and its licensee RM Capital contravened the Corporations Act on as many as 259 occasions in accepting referral benefits from a real estate agent who sold property to the firm's ...

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... not an admission of guilt or liability, and Macquarie is not taken to have contravened subsection 798H(1) of the Corporations Act, ASIC said. "The MDP considers Macquarie's conduct to be negligent, having regard to Macquarie's poor design and ...

Former Beacon adviser banned

KANIKA SOOD  |  FRIDAY, 24 MAY 2019
... Bruni from providing any financial services permanently earlier this month. The banning order was made under the Corporations Act 2001 sections 920A(1) and 920B(2). Section 920A gives ASIC the power to ban a person for reasons that include: failing to ...

Fairness key to meaningful change: Shipton

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... fair, strong and efficient - resonate well with a long-standing legal obligation of financial institutions under the Corporations law - to act efficiently honestly and fairly. "For there to be meaningful improvement of the financial markets, I think ...

Former Kaz Capital adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... concerns included how Kaz Capital was monitoring advisers and whether it met its compliance obligations under the Corporations Act. The licence conditions required Kaz Capital to engage an independent expert to review the firm's implementation of recommendations ...

Insurtech Australia names new chief

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
... from day one and has unparalleled expertise in the role of promoting growth and innovation for both fintechs and corporations. "We are extremely excited to have Rita step up to lead Insurtech Australia into 2020 and beyond." Insurtech Australia is a ...

ASIC catches illegal dual licensees

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... licence holders after an investigation into 65 AFS licence holders found that 58 were breaking the law. Under the Corporations Act, an AFS licensee cannot be the authorised representative of another AFS licensee - with the only exceptions being general ...

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... 35% to a five year low. Quinn Emanual alleges IOOF's conduct breached continuous disclosure obligations under the Corporations Act 2001 and ASX listing rules. The firm also alleges IOOF engaged in misleading or deceptive conduct, which resulted in shareholders ...