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Showing 611 - 620 of 833 results for "Corporations Act"

ASIC obtains order banning derivatives trading director

BEN COLLINS  |  TUESDAY, 24 APR 2012
... ensure the financial services it provided were provided efficiently, honestly and fairly in contravention of the Corporations Act. The court also found that that King had aided and abetted, and was knowingly concerned in the contraventions by Camelot. ...

AAT confirms ASIC planner ban

ELISE BURGESS  |  FRIDAY, 16 MAR 2012
... review of ASIC's decision but on March 14 the AAT found Nguyen failed to comply with relevant sections of the Corporations Act 2001 (the Corporations Act) in relation to the provision of financial services, and that a seven year ban was appropriate for ...

MLC cuts PDS down on flagship products

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
... June 2012, PDS for all superannuation products and simple managed investment schemes that are regulated by the Corporations Act 2001 must be eight pages in length and meet new content requirements. The new shorter PDS' are part of the Government's move ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
... being developed to outline how scaled advice can be provided in accordance with the regulatory protections in the Corporations Act. The Financial Services Council (FSC) has slammed the changes, saying they would lead to intra-fund advice in super being ...

Govt releases intra-fund advice rules

ELISE BURGESS  |  THURSDAY, 8 DEC 2011
... advice which will outline how scaled advice can be provided in accordance with the regulatory protections in the Corporations Act. The ASIC guidance will be finalised next year following on from Future of Financial Advice (FOFA) legislation's being introduced ...

ASIC imposes permanent ban on fin services provider

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
... terms of imprisonment of five months, eight months, one year, two years and eight months, respectively. Under the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) may ban a person who has been convicted of fraud. Hawa ...

ASIC seeks interim orders against Equititrust

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... not be holding a minimum amount of net tangible assets in the mortgage fund and that breached provisions of the Corporations Act 2001 (the Act) requiring that it lodge audited financial reports for EIF and EPCIF and audited reports of its compliance ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... be released by the end of the year assessing the term 'financial planner' and its proposed definition in the Corporations Act. "These reforms are in fact a growth strategy for the financial planning industry," Shorten said "They also remove the red tape ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... by the end of the year to determine how restrictions on the 'financial planner' title might be defined in the Corporations Act. "We've been successful in getting a timeline for a consultation paper from Treasury investigating the enshrining of the term ...

Westpoint directors face charges

ELISE BURGESS  |  MONDAY, 4 JUL 2011
... Australian Securities and Investments Commission (ASIC), which alleges the two parties breached their duties under the Corporations Act. Westpoint was a Ponzi scheme where investor funds where used to pay their interest. Around 3,500 investors invested ...