The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 100+ results for "ASIC"|
|... buy orders," it said. Consequently, the panel had reasonable grounds to believe that MSA contravened Rule 3.3.1(b) of the ASIC Market Integrity Rules (Securities Markets) 2017 . MSA has subsequently ceased using ASXC for buy-back trading. According to ...|
|ASIC has banned the managing director of Theta Asset Management for four years from the financial services industry. The banning order for Robert Patrick Marie comes after several instances of misconduct relating to Theta, the responsible entity of ...|
|ASIC has taken action to wind up PE Capital Funds Management and its managed investment schemes. The regulator is alleging that PE Capital operated unregistered managed investment schemes including the PE Capital Property Development Fund, PE Capital ...|
|... self-managed super funds, and advertisements for crypto-asset and contracts for difference disguised as fake news articles. ASIC has discovered an SMSF scam where individuals have been cold called or emailed to transfer funds from their existing super ...|
|... from its definition of total and permanent disablement. This is in-line with recommendations made to funds and insurers by ASIC. "The significant event notice covers changes deemed significant to our members. The changes to product are unrelated to merger ...|
|... addressing fundamental risks associated with IDII. "APRA will continue to engage and work with industry stakeholders and ASIC to support the implementation of the policy contract term measure and sustainable practices more broadly. Ultimately, however ...|
|Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...|
|... passed the exam across all sittings. Over 13,500 advisers have now passed the exam, representing 65% of the advisers on the ASIC Financial Adviser Register. All existing financial advisers must pass the FASEA exam by 2021 end to stay in the industry. ...|
|... continued operation of clearing and settlement facilities, with any funding to be recovered once a crisis is resolved. Further, ASIC will be given enhanced supervisory and licensing power, and regulatory powers will be streamlined to ensure system efficiency. ...|
|A self-styled investment guru and social media wealth expert has had her Australian credit licence cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit ...|
| | |
Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.
| | |
IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.
| | |
Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative.
| | |
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|