Search Results | Showing 1 - 10 of 103 results for %22ASIC Class Order%22 |
| | ASIC has released a new legislative instrument that extends relief to a broader class of quoted funds. ASIC Corporations (Relief to Facilitate Admission of Exchange Traded Funds) Instrument 2024/147 replaces [CO 13/721] ASIC Corporations (Relief to ... |
| | | ... the Shield Master Fund due to concerns about misleading statements and inadequate disclosures in the fund's documentation. ASIC issued interim stop orders against Keystone Asset Management, saying it cannot offer, issue, sell or transfer interests in ... |
| | | ... retirees or were approaching retirement. So, the timing of losing their super through their SMSF was regrettable," he said. ASIC and the Australian Taxation Office jointly regulate the SMSF sector; the ATO has the role of auditing SMSF auditors. Financial ... |
| | | ... clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 retail investors since March 2021. In addition to Binance, Capital Com ... |
| | | ... by trustees must align with information provided to the Australian Prudential Regulation Authority (APRA). The ASIC Class Order [CO 14/541] was first launched in 2013 and aims to provide relief from this section of the SIS Act. ASIC said the exemption ... |
| | | ... other countries, with the Federal Court of Australia describing these products as "financial heroin hits". In March 2021, ASIC imposed strict new conditions on CFDs after reviews by the regulator found that 72% of retail clients who traded CFDs lost ... |
| | | ... it, the class action alleged that AMP engaged in misconduct by charging fees for no services, withheld the breaches from ASIC, and then mislead ASIC about the nature and extent of the breaches. Subsequently, AMP's share price declined substantially. ... |
| | | ClearView has copped an interim stop order on two of its life insurance products after ASIC found deficiencies in its Target Market Determination (TMD). The interim stop order applies to Clearview Life's ClearChoice Income Protection Cover and Accidental ... |
| | | ... Unfortunately, the reality is any legal action takes time and that's problematic for small business owners." In 2021, ASIC and the Commonwealth Director of Public Prosecution's criminal investigation into AMP's fee-for-no-service conduct ... |
| | | ... question claimed that locating and proving these records would be time-consuming and expensive, AFCA escalated the matter to ASIC and APRA. Another troubling discovery pertained to the inappropriate lapse of members' default insurance. AFCA said ... |
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