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Showing 1 - 10 of 53 results for "Opes Prime"

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
... started in 2009, when Labor MP Bernie Ripoll called for a reform of the advice industry, following the Storm, Trio and Opes Prime collapses. But advisers can expect more regulation to be discussed over the next few months: "Legislation to establish a ...

Industry reacts to ASIC register update

ALEX BURKE  |  TUESDAY, 2 JUN 2015
... covers five years which means it won't pick up if an adviser was involved in the collapse of companies like Storm or Opes Prime. Nor does it capture advisers quietly let go, which we've seen happen at NAB recently. "Other missing crucial information ...

Bowen's FoFA fears "complete rubbish": AFA

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
... Services and say that there will never be another financial crisis again, there will never be another Storm, Westpoint or Opes Prime I think I'm setting myself up for a fall because you can't account for all circumstances," Sinodinos told Financial Standard. ...

Former Opes Prime director acquitted of dishonesty charges

ALICE URIBE  |  MONDAY, 9 SEP 2013
Former Opes Prime Stockbroking A director Julian Smith has been acquitted of dishonesty charges. He faced two charges of dishonestly breaching his duties as director of companies in the Opes Prime Group Limited group and pleaded not guilty to the charges. ...

One year jail for Opes Prime directors

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
Former directors of failed business Opes Prime Stockbroking have received jail terms for their part in the stockbroker's infamous collapse. Lirim (Laurie) Emini and Anthony Blumberg were charged following an extensive Australian Securities and Investment ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
Lirim Emini and Anthony Blumberg, the former directors of Opes Prime Stockbroking (OPSL), pleaded guilty to charges related to the collapse of the company in 2008, which left around $630 million owed to creditors. Facing charges brought by ASIC in front ...

ASIC brings charges against Opes Prime chief

ELISE BURGESS  |  TUESDAY, 1 MAR 2011
Former Opes Prime Stockbroking chief executive and director, Lirim (Laurie) Emini, has pleaded not guilty to 26 charges brought on by the Australian Securities and Investments Commission (ASIC). Now committed to stand trial, Emini, 47, is facing 22 ...

ASIC sharpens focus on margin lending

JOHN MCDULING  |  THURSDAY, 11 NOV 2010
More than two years after the Opes Prime and Tricom debacles hurt retail investors, ASIC has put the spotlight back on margin lending again. The regulator issued guidance yesterday, which it hopes will improve protections for retail clients through ...

Mandatory trustee pay disclosure draws debate

MICHELLE BALTAZAR  |  FRIDAY, 30 JUL 2010
... Brown and MFS and Centro, I see the Commonwealth Bank getting mixed up with Storm, and the ANZ getting mixed up with Opes Prime, I sit there and I say to myself, the way we improve the governance of the entire community is to make this lot (super funds) ...

Opes Prime director faces 22 charges

ASIC RELEASE  |  MONDAY, 31 MAY 2010
Opes Prime director Laurie Emini has been charged with 22 offences of breaching his duties, following investigations by ASIC into the company's collapse. Laurie (Lirim) Emini was charged with offences of breaching his duties as a director of Opes Prime ...
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