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Showing 1 - 10 of 20 results for "ACN"

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... an ASIC licensee, authorised representative or registered company. Consumers can search the PRS using a firm's name, ABN, ACN or AFS licence number and compare website details before investing. ASIC is also encouraging businesses targeted by impersonation ...

Government urged to overhaul gift tax system

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
The Australian government has tabled the final report of the Productivity Commission's (PC) inquiry into philanthropy in Australia: Future foundations for giving. The report makes several recommendations to strengthen the foundations of philanthropy ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
The Australian Charities and Not-for-profits Commission (ACNC) announced it will focus on the misuse of complex corporate structures this year. ACNC commissioner Sue Woodward said the commission is "becoming increasingly concerned about the misuse of ...

Investment scams set to double

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... the companies' legitimate prospectuses which are registered with ASIC, link to the actual websites and have the correct ABN/ACN details. However, the scammers change key details such as contact information and bank details," Rickard said. Scamwatch also ...

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
The nation's charitable organisations reported revenues of $166 billion that grew 7% during 2019, underscoring a robust sector prior to the coronavirus pandemic. The state of the sector analysed by the Australian Charities and Not-for-profits Commission ...

Charities and trust: Glass half empty or half full?

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
A recent survey says Australia's trust in non-profits strengthened last year, yet complaints received by the charity regulator are rising. The 2019 Edelman Trust Barometer found 56% of Australians trusted non-governmental organisations to do the right ...

University students to run hedge fund

KANIKA SOOD  |  MONDAY, 17 SEP 2018
An industry-backed hedge fund has launched at the University of New South Wales, where students will run a concentrated long-short portfolio of ASX 300 stocks with ESG filters. Alternative Investment Management Association (AIMA) general manager Michael ...

AFCA appoints chief executive

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
The one-stop shop for financial services complaint has chosen David Locke as its chief ombudsman and chief executive. Locke is currently the Australian Charities and Not-for-Profits Commission (ACNC)'s assistant commissioner, charity services. ACNC ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
Five former executives of MFS Investment Management (MFSIM), now known as ACN, have been found liable for breaching their directors' and officers' duties by the Supreme Court of Queensland. The MFS Group, subsequantly known as Octaviar, collapsed in ...

ASIC concerned about PDS font size, consumer warnings

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
... version establishes that font size in the primary document must be at least 9 points, except for the issuer's name, address, ACN, ABN or Australian financial services licence number, which must be at least 8 points. ASIC is also concerned about the fact ...
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