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Regulatory

Coalition adopts ALP super clearing house model

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
The Coalition has adopted the ALP's superannuation clearing house policy as their preferred way to simplify contribution payments for small businesses.

Continuous disclosure continuous change

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
Continuous disclosure for Australia's listed companies is becoming more complex due the introduction of stock market competition, new media, and algorithmic trading and companies need to adapt their investor relations strategies to handle these developments.

APRA super fund grillings set new precedent

ALEX DUNNIN  |  WEDNESDAY, 8 JUN 2011
Superannuation regulator APRA interviewing super funds under oath, forcing them to explain investment decisions, should set alarm bells ringing across Australia's investment industry.

Shorten phases out drawdown relief for account-based pensions

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
Assistant Treasurer, Bill Shorten, has today announced the phasing out of drawdown relief for pensioners but made provisions for 2011-12, expected to benefit some 120,000 self-funded retirees.

ANU partners with CFA Inst

ALEX DUNNIN  |  TUESDAY, 7 JUN 2011
CFA Institute has partnered with the Australian National University's Bachelor of Finance program so students qualifying for a major in Corporate Finance and Investment Management will receive recognition by the CFA.

ASIC warns of $15,000 EOFY countdown

ELISE BURGESS  |  MONDAY, 6 JUN 2011
The countdown to the end of financial year (EOFY) is on and a financial services regulator is warning the industry that it better have its ducks in a row in three weeks time or face hefty fines.

Burned investors drink bitter cup: ASIC

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
Investors who suffer financial losses thanks to misconduct often don't know how to seek redress and recover only a few cents on the dollar if at all according to new research from finance industry regulator ASIC.

Chapel Road appeal forces ASIC to show the goods

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
A decade on, the Chapel Road v Australian Securities and Investments Commission (ASIC) battle rages on, with the NSW Supreme Court ordering ASIC to hand over documents relating to the investigation.

Second Fincorp director not guilty

ELISE BURGESS  |  WEDNESDAY, 18 MAY 2011
Fincorp company director, Jacob Quigley, has been found not guilty, just four weeks after the firm's former chief executive was sentence to prison.

ASIC draft moves FEX closer to reality

ELISE BURGESS  |  FRIDAY, 13 MAY 2011
Australian Securities and Investments Commission has released a new draft paper, further cementing the Financial and Energy Exchange (FEX) bid for a licence and the possibility of another ASX competitor.