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Showing 631 - 640 of 885 results for "Australian Financial Services"

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
Holders of an Australian Financial Services Licence (AFSL) now face updated guidance including guides on margin lending facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission ...

Rogue trader banned for four years

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
... complained to the securities regulator who investigated. ASIC found that Perkin had failed to obtain an Australian financial services licence and did not communicate sufficiently with investors. It also found he had not properly registered the company ...

UBS wealth mgmt to review compliance

ELISE BURGESS  |  FRIDAY, 18 MAR 2011
... report on the program will be provided within 14 months to ASIC. If UBS WMA fails to comply, its Australian financial services licence may be affected.

Grass greener for local bourse without SGX

MICHELLE BALTAZAR  |  WEDNESDAY, 16 FEB 2011
... "window dressing" to a takeover that could prove disastrous not just for ASX shareholders but the Australian financial services market. "This does not change the facts one iota. It is a Singapore takeover that hands full control ultimately to the Singapore ...

Century Funds vies to take manager role from Opus

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... the actions of Australian Securities and Investigation Commission (ASIC) to revoke the manager's Australian Financial Services license in August last year, only to have it reinstated when the manager appealed the decision in September. "The reason ASIC ...

ASIC catches Camelot Derivatives

ASIC RELEASE  |  TUESDAY, 8 FEB 2011
... Camelot and King engaged in conduct that was likely to mislead or deceive, failed to ensure Camelot's Australian Financial Services licence (AFSL) provided fair service, failed to comply with the conditions of the AFSL and King was an accessory to Camelot's ...

New beginnings at Tower

JOHN MCDULING  |  MONDAY, 17 JAN 2011
... which has already been approved by Tower's board, represents the second Japanese acquisition of an Australian financial services firm in a matter of months. Nikko Asset Management's $125 million purchase of Tyndall Asset Management from Suncorp in November ...

Movers and shakers of 2010

JOHN MCDULING  |  FRIDAY, 17 DEC 2010
... web. KKR's bid for Perpetual raised many eyebrows, marking private equity's first foray into the Australian financial services landscape (in an acquisitive capacity), while the Singapore Exchange's move for the ASX drew caution from politicians of all ...

Former Chartwell director pleads guilty

ELISE BURGESS  |  FRIDAY, 10 DEC 2010
... faced charges on providing false information to investors and carrying financial services without an Australian financial services licence. Hoy is on bail until 25 January next year. On August 19, former Chartwell secretary, Ian Rau, was sentenced to ...

Shorten to tighten tax agent rules for planners

MEDIA RELEASE  |  MONDAY, 29 NOV 2010
... including those who offer some tax agent services, are currently regulated through the ASIC administered Australian Financial Services Licence. Tax agents, on the other hand, are regulated through the tax agent services regime administered by the Tax ...