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Showing 981 - 990 of 3918 results for "law"

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... victims of financial misconduct or fraud who pursue court proceedings - something that is inherently unfair, according to law firm Maurice Blackburn. Maurice Blackburn principal lawyer Josh Mennen raised concerns about the design of the CSLR in a submission ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
Consultation has commenced on more stringent financial reporting and auditing requirements for superannuation funds, with the government looking to implement a framework that is commensurate with the size of the sector. The Treasury Laws Amendment (Financial ...

ASIC outlines approach to reforms amid uncertainty

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
The corporate regulator will allow a period of transition for the several reforms taking effect in the first week of October. From October 1, new laws around adviser reference checking and information sharing requirements will take effect, as will new ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... be above $6000. ASFA claims in many cases the ATO can match such accounts to a super account held by an individual, but the law only allows the ATO to forward a balance when the superannuation account proper is classified as active. The ATO applies an ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... ramifications and physical presence requirements to make sure that they are a resident of the correct region in the eyes of the law. To illustrate this issue, he provided the example of golfer Tiger Woods' divorce. Woods had a prenuptial agreement ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... legislation to make virtual AGMs permanent. Under the amendment, companies and directors will be liable for continuous disclosure law breaches only if they acted with "knowledge, recklessness or negligence" in updating the market on price-sensitive information. ...

Asendium partners with regtech

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... with the robustness expected of leading advice firms, and consumers." Fourth Line was established in 2019 in conjunction with law firm Mills Oakley in response to the Hayne Royal Commission. It currently works with licensees such as Interprac, GPS Wealth ...

Vanguard incentivises staff to get the jab

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... it is available to them, we have no plans to introduce an incentive for doing so in Australia, with Australian employment law currently restricting such a measure. We continuously assess measures we have in place in relation to vaccinations," the spokesperson ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... practice, they should provide clear information to members on how to submit questions prior to and during the meeting. "Under the law, trustees are required to give members reasonable opportunities to ask questions at the annual members' meeting. ...

Australia's first Filecoin fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... the digital assets in a secure and compliant system. Gemini is a fiduciary and qualified custodian under New York Banking Law and is licensed by the New York State Department of Financial Services to custody digital assets.