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| | FRIDAY, 25 SEP 2020 12:01PMThe government has announced a raft of reforms to reduce barriers to Australia's credit framework as a means to boost the economy.|
|The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices.|
|J.P. Morgan Chase & Co is set to cough up close to $1.4 billion (US$1 billion) to shut down regulatory and government agency probes into market manipulation allegations on its precious metals and treasuries trading desk.|
|A ring of microcap share manipulators have had their assets frozen by the Securities and Exchange Commission after procuring US$9 million in illegal profits by defrauding retail investors.|
|Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws.|
|A senior index manager and his friend were charged for insider trading by the Securities and Exchange Commission for reaping over US$900,000 in illegal profits off trades made with prior knowledge of stocks that would be added to or deleted from an index.|
|The corporate watchdog has shifted to a no-action position on fee disclosure statements and renewal notice obligations for financial advice businesses in Victoria.|
|Treasury has announced another tranche of reforms to the Foreign Investment Review (FIRB) Framework.|
|The Superannuation Complaints Tribunal (SCT) will cease to exist at the end of this year, with the Australian Financial Complaints Tribunal (AFCA) seeking to handle any remaining complaints currently with the SCT.|
|The Australian Securities and Investments Commission imposed tougher registration conditions for two SMSF auditors following a slew of misconduct.|
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp.
One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings.
BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year.
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds.
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