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Showing 651 - 660 of 816 results for "Corporations Act"

West Pymble adviser charged

ASIC RELEASE  |  WEDNESDAY, 22 APR 2009
... undertaking the business of advising about securities and of dealing in securities except as permitted by the Corporations Act. ASIC commenced contempt of court proceedings in the Supreme Court of New South Wales in November 2008 alleging that on 13 ...

Charged for no AFSL

ASIC RELEASE  |  TUESDAY, 14 APR 2009
... Ashley Sneddon, of Underwood, have appeared in the Southport Magistrates Court charged with offences under the Corporations Act 2001 (the Act). ASIC alleges, that between 13 October 2003 and 28 November 2005, the Lancer Group Pty Ltd carried on a business ...

ASIC bans Macquarie rumourmonger

MEDIA RELEASE  |  TUESDAY, 24 MAR 2009
... Macquarie Group and one of firm's products. The regulator banned Macphillamy after finding he did not comply with the Corporations Act when he spread rumours about the Macquarie Cash Management Trust and Macquarie Group. The investigation found Macphillamy ...

Storm subsidiary in liquidation

MEDIA RELEASE  |  FRIDAY, 20 MAR 2009
... and administration support from Storm and managed at least $41 million in client assets. "As required under the Corporations Act, we will be conducting investigations into the business affairs of Victorian Families, including reviewing the roles played ...

Pay to perform

MICHELLE BALTAZAR  |  THURSDAY, 19 MAR 2009
... excessive bonuses. Under legislative reforms announced yesterday, the Rudd Government will change a section of the Corporations Act to reflect that a company must get shareholder approval for any termination payments given to a departing executive if ...

Restrict 'adviser' term: AFA

MICHAEL HOBBS  |  THURSDAY, 19 MAR 2009
... to those that are regulated by the Australian Securities and Investments Commission (ASIC) and comply with the Corporations Act. "The problem at the moment is that anyone offering advice in the financial space including accountants, mortgage brokers ...

Seize the pay

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
... shareholder value. Shareholders are currently powerless to block multi-million dollar termination payments because the Corporations Act states that shareholder approval is not required for termination payments up to as much as seven times the equivalent ...

Ex-director banned for 25 years

MEDIA RELEASE  |  MONDAY, 16 MAR 2009
... Stephen Geagea, and the eight companies within the SIH Group, were involved in a number of contraventions of the Corporations Act and ASIC Act including the operation of a financial services business without a licence. ASIC was also concerned that some ...

PDS notices to go online: ASIC

MEDIA RELEASE  |  TUESDAY, 18 NOV 2008
... about a PDS will need to be made electronically. The changes are a result of a change to section 1015D of the Corporations Act 2001, and affects the use of Form FS88 PDS in-use notice, Form FS89 Notice of change to fees and charges in a PDS and Form ...

No pay for failure: ACSI

RUTH LIEW  |  MONDAY, 27 OCT 2008
... salary should receive the green light by shareholders. Currently existing caps under sections 200F and 200G of the Corporations Act allow more than seven times annual remuneration, subject to shareholder approval. ACSI considers this to be "too generous". ...