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Showing 621 - 630 of 3918 results for "law"

VFMC chair to retire

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2023
The chair of the Victorian Funds Management Corporation will retire at the end of the month, with an interim replacement appointed. James MacKenzie has served as chair of VFMC since June 2015 but will retire from the board on August 23. During his tenure ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... finding several concerning gaps including incident response plans not being regularly reviewed or tested. Bright Corporate Law principal David Jacobson says serious penalties and costs can apply to licensees who fail to protect confidential and sensitive ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... his friends and lovers. Williams added: "That is classic corporate corruption. It's cheating, and it's against the law - laws that apply to everyone, no matter who you are. That's why Joe Lewis has been indicted and will face justice here ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... (FINMA). During its enforcement proceedings, FINMA found Credit Suisse had seriously and systematically violated financial market law in the context of its business relationship with Archegos. "FINMA is ordering corrective measures from its legal successor ...

Treasury to 'modernise' individual tax residency rules

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... excluded in some circumstances and not others. Who would decide?" Treasury asks. Under the current 183-day test, according to law firm Baker McKenzie, non-residents are considered tax residents of Australia if they are physically present in Australia ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
ASIC has cracked down on eight self-managed superannuation fund (SMSF) auditors for breaches of their obligations. Specifically, the regulator has disqualified five SMSF auditors and imposed additional conditions on three SMSF auditors for failing to ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
AMP is expanding its executive leadership as it moves to a flatter organisational structure following its recent divestments. The wealth manager said it will elevate the leadership of its platforms and advice businesses in two new roles on its executive ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... Slater and Gordon class actions practice group leader Kirsten Morrison said. It is the largest settlement achieved by the law firm in a group proceeding to date. The settlement, which is subject to court approval, was negotiated on behalf of members ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
... environmental claims about their products and services as well as making them aware of their obligations under the Australian Consumer Law." The draft guidance identifies eight principles, and the ACCC said by following those principles, "businesses ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... tweeted. "That said, it's super important to us that our technology is safe and pro-consumer, and we are confident we follow the law. Of course, we will work with the FTC." The technology has come under global scrutiny as it continues to emerge ahead ...