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Showing 41 - 50 of 2168 results for %22Order of Australia%22

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... 2020, following the boom in retail investors at the outset of the pandemic, ASIC imposed an 18-month product intervention order on the issue and distribution of CFDs, effective 29 March 2021. This was extended in April 2022 to May 2027. ASIC reported ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... by trustees must align with information provided to the Australian Prudential Regulation Authority (APRA). The ASIC Class Order [CO 14/541] was first launched in 2013 and aims to provide relief from this section of the SIS Act. ASIC said the exemption ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
The corporate regulator is taking TelstraSuper to the Federal Court for allegedly failing to comply with internal dispute resolution requirements. ASIC alleges that 40% of the corporate superannuation fund's responses to complainants during a specific ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... financial institution in Australia and elsewhere in which Brite has any legal or equitable interest. ASIC said the interim order aims to help protect the beneficiaries of the assets under management by Brite, including individuals who have their pensions ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
... also get involved." No doubt the narrative is shifting but Saulo affirms that those in the space can't do it alone. "In order for us to get there, we need people to come to the table now, with patient capital and an understanding of the historical ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... be certain, given that long horizon, we see the balance of risks as suggesting the RBA will need to lift its cash rate in order to be able to continue to plausibly forecast that inflation returns to target over that horizon. "The door is open for a November ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... amended documents filed by ASIC included additional allegations that were outside the scope of the Full Court's remittal order and should therefore not have been allowed to be filed. Mawhinney also questioned why these additional contraventions had not ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... first action targeted IG Markets and also represented traders who lost hundreds of millions. While CFDs are legal in Australia, they have been banned in many other countries, with the Federal Court of Australia describing these products as "financial ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... benefit is just part of a comprehensive suite of initiatives, training and resources that Aware Super is rolling out in order to raise awareness of the impact of menopause in the workplace and aim to support people who might either be dealing with these ...

Equity Trustees offloads Irish business

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... ahead of Brexit. O'Brien added: "We remain focused on strengthening our market leading corporate trustee business in Australia where it continues to deliver excellent value for all stakeholders."