Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 133 results for "Australian Securities and Investment Commission"

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
... its 'mFund Settlement Service' - the third incarnation of AQUA II - after the Australian Securities and Investment Commission (ASIC) gave it the go-ahead. However, the ASX must await approval from the Australian Transaction Reports and Analysis Centre ...

Banned adviser spent client savings on sports car business

MARK SMITH  |  TUESDAY, 19 NOV 2013
The Australian Securities and Investment Commission (ASIC) has accepted an enforceable undertaking (EU) from Sydney financial adviser Gabriel Nakhl which permanently prevents him from providing financial services after he used clients' cash on his sports ...

Customers accuse NAB of "predatory lending" in Senate inquiry

LAURA MILLAN  |  FRIDAY, 8 NOV 2013
The National Australia Bank (NAB) does not intend to make a submission to the Senate inquiry into the performance of the Australian Securities and Investment Commissions (ASIC) despite customer submissions accusing the bank of "predatory lending." A ...

Problem is weak credit law, not us: ASIC

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
The Australian Securities and Investment Commission (ASIC) claimed that it had limited jurisdiction over the credit industry in its final submission to the Senate inquiry. In its final submission, ASIC focused on the reforms to the credit industry and ...

ASIC's SMSF report being misread

ALEX DUNNIN  |  THURSDAY, 19 SEP 2013
A report commissioned by the Australian Securities and Investment Commission (ASIC) into the cost of self-managed superannuation funds (SMSF) has been misinterpreted. The report, 'Cost of Operating SMSFs', which was prepared by Rice Warner Actuaries ...

Wickham Securities chairman banned for two years

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
... Securities has been banned from financial services for two years and seven months. The Australian Securities and Investment Commission (ASIC) has banned Bradley Thomas Sherwin after he declared himself bankrupt. ASIC is still investigating Sherwin and ...

Gunns chairman avoids jail for insider trading

MARK SMITH  |  FRIDAY, 23 AUG 2013
... ought to have known the information was inside information, not that he knew. Australian Securities and Investment Commission (ASIC) commissioner Cathie Armour said the conviction was a reminder the regulator was committed to combating the serious criminal ...

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... Labor MP Jim Cox with $110,000 to cross the floor of parliament. Since 2009, the Australian Securities and Investment Commission (ASIC) has prosecuted 28 insider trading actions. Of those, 19 have been successfully prosecuted (including three guilty ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
The Australian Securities and Investment Commission (ASIC) should consider extending its relief of the need for 'wet signatures' on product disclosure statements (PDS) for the ASX Managed Funds Service (AMFS) to the wider industry to increase access ...

ACR files claim against The Trust Company

LAURA MILLAN  |  WEDNESDAY, 29 MAY 2013
... In 2012, the former directors of the company were given prison sentences after Australian Securities and Investment Commission (ASIC) charged them for false or misleading statements in the company's accounts and a prospectus.