Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 100+ results for "Senate"
New class action regulations slammed
ALLY SELBY  |  FRIDAY, 24 JUL 2020
... announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the regulation of the industry. The regulations could stymie ...
Billionaires targeted in Twitter bitcoin scam
ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... malicious activity they may have conducted or information they may have accessed and will share more as we have it." The US Senate Committee on Commerce has requested Twitter brief the committee on the issue no later than July 23, with committee chair ...
Industry super accused of misleading consumers
ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary Joint Committee, Corporations and Financial Services on its litigation against Mayfair 101. Part of ASIC's ...
AMP advisers low priority for ASIC
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... profitability', forcing many to sell their businesses for less than one tenth of what they were worth before these changes." At the Senate Parliamentary Joint Committee, Corporations and Financial Services O'Neil asked ASIC chair James Shipton why AMP's ...
AustralianSuper PYS fee under scrutiny again
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... 'Administration fee - Protecting Your Super' to cover the cost of the fund complying with new legislation. At the Senate Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle ...
Litigation funding fight heats up
ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
The Senate Parliamentary Joint Committee, Corporations and Financial Services looking into litigation funding and the regulation of the class action industry sparked a heated debate today. Menzies Research Centre chief of staff James Mathias was questioned ...
FASEA extension passes
ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... financial advisers the extension was contained in an omnibus bill which hit a snag last week when it was bounced out of the Senate and back to the House of Representatives after Centre Alliance Senator Rex Patrick sought an amendment. The amendment Patrick ...
Senator remains firm on FASEA extension
ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... large corporations on an 'exempted companies' list to not file financial records with ASIC. Patrick insinuated in the Senate that many of the companies on the list are Liberal party donors. He argued an amendment to the omnibus bill was necessary so ...
ASIC ends relief for advisers
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... would repeal the instruments following the COVID-19 crisis," the regulator said. "However, following feedback from the Senate Standing Committee for the Scrutiny of Delegated Legislation, ASIC has decided to amend these instruments to include specific ...
FASEA extension hits snag
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced to the senate with bipartisan support, an amendment sought by Centre Alliance Senator Rex Patrick on an unrelated issue has seen the omnibus ...
PREVIOUS
NEXT
Link to something 2tkWnODj