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Showing 811 - 820 of 2022 results for "Legislation"

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
The Banking Executive Accountability Regime legislation was passed in the Senate yesterday. The legislation aims to incentivise good behaviour and ensure banks and individuals are held accountable for their actions if they fail to meet the expected ...

Small advice firms face big data breach penalties

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... enterprises to prepare for data breach reporting laws effective from February 22. Ombudsman Kate Carnell said this legislation carried significant financial penalties, and would affect any small business that collects personal information from customers ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... Federal Minister for Revenue and Financial Services Kelly O'Dwyer said after introducing the draft bill. Under the STP legislation introduced in August 2016, employers with more than 20 staff members will report salary and wages and Pay as You Go (PAYG) ...

Offshore investment vehicles await passport arrival

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
The Federal Government is close to re-drafting legislation to allow offshore investment vehicles to operate in and from Australia as early as June, Revenue and Financial Services Minister Kelly O'Dwyer says. The long-awaited Asia Region Funds Passport ...

Government releases super tax measures for consultation

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The Government has released its draft legislation regarding taxation integrity measures for the superannuation system. The consultation paper addresses two specific measures: the first concerns a member's share of the outstanding balance of a limited ...

Crowdfunding investment opportunity unleashed

EMMA RAPAPORT  |  FRIDAY, 12 JAN 2018
... For now the regime is restricted to small public companies with less than $25 million in assets. There is pending legislation to extend the rules to private companies and industry groups, including Fintech Australia, will urge the Federal Government ...

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
... said. However, consumers must be reminded this reform is yet to be legislated. "It is important to note, that the legislation for this scheme is yet to be passed, so there is a risk any voluntary contributions made in anticipation of it could be locked ...

Majority ready for MiFID II: Spot poll

KARREN VERGARA  |  MONDAY, 8 JAN 2018
... weekly spot poll. More than half (54%) of Australian entities said they were well prepared for the sweeping MiFID II legislation that's aiming to improve the transparency of financial transactions across Europe. A large cohort (45%) of local firms however ...

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
... released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering and counter-terrorism financing legislation (AML/CTF), increasing the total number of alleged contraventions from 53,700 to approximately 53,800. In a statement ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
... it's been passed. "I promised the American people a big, beautiful tax cut for Christmas. With final passage of this legislation, that is exactly what they are getting." (Donald Trump) The US Congress passed the long-awaited US$1.5 trillion tax reform ...