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Showing 871 - 880 of 1370 results for "Corporations"

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
... financial resources to provide the services covered by its licence and to conduct the business in compliance with the Corporations Act 2001.

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... about the 14-day cooling-off period for financial products. "Advisers will need to state it in the SoAs on top of the Corporations Act," the Financial Planning Association (FPA) general manager of policy and conduct Dante De Gori told Financial Standard. ...

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
... benefits and trade-offs of refining the scope and breadth of ASIC's mandate and is reviewing the penalty regime in the Corporations Act. The possible policy changes it asks parties to consider include the extension of regulation to fund administrators ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... indebtedness and exposure of banks to residential mortgages; shifts in the pattern of funding of banks and non-financial corporations; with rapid growth of superannuation assets, Australia has moved from a system dominated by banks to one where financial ...

ASIC considers compulsory advice for complex products

MARK SMITH  |  MONDAY, 14 JUL 2014
... there may be merit in restricting the sale of some types of products to sophisticated investors as defined in the Corporations Act 2001. In response ASIC said: "We do not propose at this stage to issue guidance on our expectations of product issuers ...

Labor forces tabling of FoFA regulations

LAURA MILLAN  |  THURSDAY, 10 JUL 2014
... (FoFA) amendments yesterday in the Senate. Labor Senator Sam Dastyari presented an order for the production of the Corporations Amendment (Streamlining Future of Financial Advice) and the motion to table the regulations went through with 33 votes in ...

Senate report, a turning point for advice industry

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... associations." Following a long-time request from financial advice associations, it requests an amendment of the Corporations Act 2001 so a person can only use the terms "financial adviser" and "financial planner" if it holds a license to provide personal ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... an unfranked dividend of 0.8 cents per share per quarter for financial year 2015, subject to compliance with the Corporations Act. This would provide shareholders with a 4% yield on the offer price of $0.20 cents per share. The company was established ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... trail commissions for the sale of financial products through general advice. The government will also change the Corporations Act to expand its regulatory powers in relation to conflicted remuneration "to put absolutely beyond doubt how serious the government ...

MDA provider appoints lawyer to senior role

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
... "Jillian has worked as a corporate lawyer for over 15 years and she has a deep knowledge and understanding of the Corporations Act and the ASX listing rules, including related-party transactions, capital raising requirements and continuous disclosure ...