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Showing 41 - 50 of 236 results for "Consultation Paper"

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... other creditors. For instance, the FTX collapse impacted around 50,000 Australian consumers. According to the consultation paper, these failures shared common issues: asset loss for customers, poor management, flawed governance, operational vulnerabilities ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
The government has released a consultation paper today, inviting stakeholders to provide feedback on a proposed framework to synchronise superannuation payments with wages. The Securing Australians' Superannuation consultation paper also seeks feedback ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... creating and implementing compliance plans, and ensuring an eligible custodian is appointed. According to the consultation paper, about $900 billion is held in unregistered wholesale schemes. "It is almost certain that the Treasury review into managed ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... frameworks that investors and product issuers must navigate to ensure compliance with both sets of laws," the consultation paper shows. The other areas to be examined include whether certain schemes should be marketed and sold to retail clients; their ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... needs more discussion. "If the government proceeds with the taxation of unrealised gains as proposed in their consultation paper released in late March, given many small business premises and farms are owned by SMSFs, this new tax could drive up their ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... flagged it is considering the future of the ASX Managed Fund Settlement Service or mFunds and will release a consultation paper in June seeking industry feedback. Less than 10 years old, mFunds provides investors access to unlisted managed funds but ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... population while impacting a disproportionate share of superannuation savings. Following the release of the consultation paper, the SMSF Association (SMSFA) expressed cautious optimism. SMSFA chief executive Peter Burgess said there are various items ...

ASIC revisits IDPS sunsetting orders

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... services (IDPS) and IDPS-like schemes, with a focus on remaking sunsetting class orders. ASIC has released Consultation Paper 369 (CP369) Remaking ASIC class orders on platforms: [CO 13/762] and [CO 13/763], which pertain to IDPS and IDPS-like schemes. ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... custody and licensing framework is set to begin mid-2023. Last week, the government also released a token mapping consultation paper, exploring which elements of the crypto ecosystem require additional regulation. The consultation also looks at current ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The government has released a consultation paper outlining possible amendments to the non-arm's length income (NALI) provisions relating to superannuation funds. It explained a potential change to self-managed superannuation funds and small APRA-regulated ...