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Showing 731 - 740 of 1369 results for "Corporations"

SIV Asset Management slams bill claim

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... another, and because their combined shareholding in Molopo is 37.33%, this is a contravention of section 606 of the Corporations Act.

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... Paul Rowles and Clayton Dempsey were found by the Federal Court to have engaged in multiple contraventions of the Corporations Act. These included related party transactions being undertaken without member approval, failing to notify members of material ...

Keybridge disputes board spill allegations

ALEX BURKE  |  TUESDAY, 18 APR 2017
... another, and because their combined shareholding in Molop is 37.33%, this is a contravention of section 606 of the Corporations Act. Molopo's response to Keybridge suggested the latter was seeking the removal of incumbent directors; Keybridge disputed ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
... Price said, "A responsible entity needs to ensure a managed investment scheme is operated in accordance with the Corporations Act." "As this matter demonstrates, ASIC will act where a responsible entity fails to lawfully perform this gatekeeper role ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
... engaging in credit activities. As a result of his conviction, Pratten was automatically disqualified from managing corporations and was removed as a company office-holder of Practical Insurance Claims Administration and Rural & RGIB.

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... Melbourne-based financial advice firm NSG Services (NSG) was found by the court to have breached numerous sections of the Corporations Act which affirm that a financial services licensee must ensure the advice they provide complies with the best interest ...

BNY Mellon subsidiary wins CBA super mandate

EMMA RAPAPORT  |  MONDAY, 3 APR 2017
... 3000 pounds in assets. Newton's Real Return team currently manage $26 billion on behalf of institutions, charities, corporations and private individuals in the UK, Europe, Asia Pacific and the United States.

ASIC releases RE compliance obligations

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
... responsible entities - provides responsible entities additional guidance in complying with obligations under the Corporations Act 2001. Responsible entities are to have overarching risk management systems in place, and a process for identifying, assessing ...

CommInsure cleared of medical misconduct

ALEX BURKE  |  THURSDAY, 23 MAR 2017
... exemption for "conduct by insurers in relation to handling claims" in the financial services conduct provisions of the Corporations Act. "ASIC has recommended to Government the strengthening of the legal framework covering claims handling and that more ...

Crowdfunding legislation gets greenlight

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2017
... sources of capital - an opportunity many have been waiting for, according to FinTech Australia. The Senate passed the Corporations Amendment (Crowd-Sourced Funding) Bill 2016, which allows small-scale businesses "to raise funds from a large number of ...