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Showing 51 - 60 of 515 results for "Powers"

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... consultation will also cover the non-financial aspects of aged care funding strategies. This includes legal aspects like Wills, powers of attorney, or enduring guardianships. Biti said it is essential to distinguish when licensed financial advice is ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... demonstrates ASIC's commitment to taking action to prevent its investigations being delayed by baseless challenges to its powers."

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... culmination of months-long discussions with the central bank and Opposition. The bill proposes to revoke the treasurer's powers and establish the RBA's primary goal as promoting the economic prosperity and welfare of the people of Australia. ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... the culmination of months-long discussions with the central bank and Opposition. In addition to revoking the treasurer's powers, the bill stipulates that the RBA's primary goal is to "promote the economic prosperity and welfare of the people of Australia," ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... Bank Secrecy Act (BSA), failure to register as a money transmitting business, and the International Emergency Economic Powers Act (IEEPA). Binance will fork out $4 billion to resolve the Justice Department's investigation and Zhao, who has also pleaded ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... however, that if non-bank lending in Australia were to pose a risk to financial stability, APRA could avail its reserve powers to regulate the sector," the RBA warned.

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... however, that if non-bank lending in Australia were to pose a risk to financial stability, APRA could avail its reserve powers to regulate the sector," the RBA warned.

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... and is seeking feedback on its proposed reforms, which aim to strengthen the integrity of the tax system and regulators' powers in response to the recent PwC scandal. The new legislation outlines changes to tax promoter penalties, including fines of ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... facilitate competitive outcomes in the provision of clearing and settlement service, while the ACCC has new arbitration powers to oversee disputes about the "terms and conditions of access to clearing and settlement services subject to a Ministerial ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... degree of care, skill and diligence as a prudent superannuation trustee would have", or "perform its duties and exercise its powers as a superannuation trustee in the best interests of its members." Documents show AustralianSuper had processes in place ...