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Showing 771 - 780 of 3971 results for "Law"

E&P Investments hunts new RE

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
E&P Investments is seeking proposals for a responsible entity to replace itself as responsible entity for six of its managed investment schemes, including the US Masters Residential Property Fund. E&P Investments is currently responsible entity for ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... happened and why those responsible can be held accountable. In my administration, no one, in my view - no one is above the law," he said.

abrdn loses global chief economist

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
Jeremy Lawson has resigned as global chief economist for abrdn, opting to return to Australia. Lawson has served in the role for 10 years, first appointed in March 2013. In 2018, he took on the additional responsibility of leading the group's research ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
The Financial Planning Association of Australia (FPA) has voiced concerns over the proposed Compensation Scheme of Last Resort (CSLR) and Financial Accountability Regime (FAR) legislation. While acknowledging the positive impact of an effective CSLR ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... both off-market and on-market share buybacks carried out by listed companies. Additionally, the Bill aims to modify taxation law to prevent franking credits form being released through certain distributions funded by capital raisings, without "significantly ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
Treasury is commencing its review of the regulatory framework underpinning managed investment schemes (MIS), targeted at identifying gaps and possible areas for improvement. The review was announced as part of the Albanese government's first federal ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... eligible consumers when a relevant entity fails to pay an AFCA determination awarding compensation in their favour. Under the new law, eligible consumers can apply to the CSLR operator for payment if they have not been paid in accordance with the AFCA ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... hard-earned money, and that the basic principle of the system should be to protect their investments if they've followed the law. "I don't care whether people have got a small or a big balance in their superannuation, the fact is that they worked ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... business via cold calling. "When they're selling financial services like superannuation advice to skirt around a gap in the law and trying to bamboozle consumers with half-truths into signing up for a costly service that is not in their financial ...