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Showing 621 - 630 of 1464 results for "Investments Commission"

Banksia serves as a warning

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... average equity capital ratio of 4.25%, said Atchison. This is far lower than the Australian Securities & Investments Commission's (ASIC) recommended rate of 8%. While Mortgage debenture schemes are regulated by ASIC, and are similar in some ways to a ...

ASIC takes action against Storm adviser

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... only put their money in the one investment strategy recommended by Storm, said the Australian Securities & Investments Commission (ASIC). ASIC said that after its investigation, it was also concerned that while he worked for the failed Storm, Webb did ...

New rules for HFT trading

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
... exemption of block trades). New data reporting standards from 2013 will also help the Australian Securities & Investments Commission (ASIC) perform market surveillance, said Shorten. The Minister also announced that he has requested the Australian Treasury ...

PwC partner banned from auditing

BEN COLLINS  |  TUESDAY, 20 NOV 2012
... partner of PricewaterhouseCoopers has been banned from auditing until 2015, said the Australian Securities & Investments Commission (ASIC). The corporate watch dog accepted an enforceable undertaking from former Centro auditor Stephen Cougle, who was ...

34 months prison for ex- GuardianFP adviser

BEN COLLINS  |  TUESDAY, 13 NOV 2012
... June 2012 to two counts of dishonest conduct in relation to financial services. An Australian Securities & Investments Commission (ASIC) investigation discovered that Heathwood made 65 false insurance applications between August 2009 and May 2011, which ...

ASIC supports updates to disclosure rules

MARK SMITH  |  THURSDAY, 18 OCT 2012
The Australian Securities & Investments Commission (ASIC) has welcomed the ASX's updated continuous disclosure rules and guidance, which had been the centre of much confusion in recent months. The update follows failed legal action against Fortescue ...

Guidance sought on Wellington's share distrib plans

MARK STORY  |  MONDAY, 15 OCT 2012
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court challenging whether Wellington Capital Limited (Wellington) is legally able to distribute shares, as opposed to cash, to the unitholders in the ...

ASIC champion hybrid name change

LINDA HAUSKEN  |  FRIDAY, 12 OCT 2012
Australian Securities & Investments Commission is pushing for the industry to use the label 'capital note' instead of 'hybrid securities', as part of its ongoing focus on misleading and deceptive advertising. Hybrids are not easy to define, but put ...

Discretion strictly case-by-case in new SMSF audit scheme

BEN COLLINS  |  MONDAY, 24 SEP 2012
... applied on a strictly case-by-case basis, for accountants registering with the Australian Securities & Investments Commission's self managed super fund auditor program. Requirements such as tertiary qualifications, an exam and other registration conditions ...

DST joins forces with XSP

MARK STORY  |  MONDAY, 24 SEP 2012
... documented within industry research by CEB TowerGroup, and by regulators such as the Australian Securities & Investments Commission. Philip Hogan, Managing Director Asia-Pacific at DST Global Solutions says the automation of corporate actions workflow ...