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Showing 631 - 640 of 2080 results for "Australian Securities"

Financial Adviser convicted of 'tombstoning': ASIC

HARRY PAGE  |  THURSDAY, 6 MAR 2014
The Australian Securities and Investments Commission (ASIC) has convicted Pavan Vyas for dishonest conduct after pleading guilty to 'tombstoning'. In August 2013, Vyas pleaded guilty to two charges of dishonest conduct after 'tombstoning', which involves ...

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Planned changes to the regulation of managed discretionary accounts (MDAs) will not go ahead, the Australian Securities and Investments Commission (ASIC) has announced. In a consultation paper released in March last year, ASIC put forward a lengthy ...

Advice numbers and client claims hit PIS results

LAURA MILLAN  |  MONDAY, 3 MAR 2014
... group also gave more information about the ongoing monitoring program that started in July 2013 after the Australian Securities and Investments Commission (ASIC) expressed concern over PIS' compliance processes. PIS said that the program is "in good ...

Regulators must enforce rules, not write them: Brogden

JAMES FERNYHOUGH  |  FRIDAY, 28 FEB 2014
... Brogden said that the two financial regulators, the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), have too often strayed into the arena of writing regulations. While he said the FSC ...

AIA pays advisers to move to hybrid commission

LAURA MILLAN  |  THURSDAY, 27 FEB 2014
AIA Australia will pay advisers who move to a hybrid commission model, despite the Australian Securities and Investments Commission (ASIC) concerns on inappropriate insurance switching. The insurer said that a hybrid structure could increase the value ...

FoFA changes could start before May: Sinodinos

LAURA MILLAN  |  WEDNESDAY, 26 FEB 2014
... Advice (FoFA) proposed amendments could come into effect "earlier than May." The senator was asked during the Australian Securities and Investments Commission (ASIC) appearance to the Senate Standing Committee on Economics whether the government would ...

La Trobe mortgage fund gets "Strong" rating

STAFF WRITER  |  WEDNESDAY, 26 FEB 2014
... rating agency in Australia which holds a retail Australian Financial Services Licence (AFSL) issued by the Australian Securities & Investments Commission (ASIC) meaning that it is the only ratings agency in Australia licensed to issue credit ratings ...

Treasury Group's FUM up on retail inflows

ALICE URIBE  |  TUESDAY, 25 FEB 2014
... Management closed its funds management services for institutional clients. According to an announcement on the Australian Securities Exchange (ASX) from Treasury Group, which had a 42% stake in Orion, the decision was led by Orion's own management team. ...

Charter Hall profits dip 4.3%

MARK SMITH  |  TUESDAY, 25 FEB 2014
... joint managing director David Southon said. Accompanying the group's half-year result announcement on the Australian Securities Exchange, the group also said it would raise $140 million through an institutional equity placement. Securities will be issued ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
There could be more legal prosecutions if the "inefficient" relationship between the Australian Securities and Investments Commission (ASIC) and the Australian Federal Police (AFP) was remedied, the Senate Economics Reference Committee has heard. ASIC ...