Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Regulatory

ASIC boosts online MIS registration

COMPANY RELEASE  |  TUESDAY, 10 MAR 2009
ASIC is inviting businesses to lodge applications for the registration of managed investment schemes online.

Lift retirement age, lower long term benefits: IMF

ALEX DUNNIN  |  TUESDAY, 10 MAR 2009
The International Monetary Fund (IMF) said countries should consider lifting their retirement ages, raising pension fund contribution rates and containing age-related expenditures such as health costs.

Pearce backs TCF policy

MICHAEL HOBBS  |  FRIDAY, 6 MAR 2009
Shadow minister for financial services, superannuation and corporate law, Chris Pearce said the opposition would support a 'treating customers fairly' (TCF) principle if the latest financial planning inquiry does not fully address consumer rights.

ASIC keeps short selling ban

MICHAEL HOBBS  |  THURSDAY, 5 MAR 2009
The Australian Securities and Investments Commission (ASIC) is keeping the ban on covered short selling of financial securities until the end of May.

Efficiency and social equity best way to fix super

ALEX DUNNIN  |  THURSDAY, 5 MAR 2009
Improved efficiency and more social equity are the best ways to fix superannuation, not more tax handouts or extra compulsory contributions, according to two major submissions presented to the Henry taxation review.

APRA outlines priorities

MICHAEL HOBBS  |  FRIDAY, 27 FEB 2009
The Australian Prudential Regulation Authority's (APRA) is focused on liquidity risk of authorised deposit taking institutions (ADIs), prudent capital management and executive remuneration this year.

Parlie inquiry into sales commissions

ALEX DUNNIN  |  FRIDAY, 27 FEB 2009
Its game on for financial advice in Australia now that Parliament has convened a fast-paced inquiry into the role advisers, commissions and regulatory gaps played in the recent spate of financial services collapses.

Sherry attacks Hockey on super policy

MICHAEL HOBBS  |  MONDAY, 23 FEB 2009
Minister for superannuation and corporate law, Senator Nick Sherry has called on new shadow treasurer Joe Hockey to drop the Liberal Party's "dangerous, uncosted and job-killing mess" of a superannuation policy.

ASIC catches short sale bungle

PRESS RELEASE  |  FRIDAY, 20 FEB 2009
ASIC has stopped Sydney-based investment firm, Droga Capital, from short selling for three months after the company's director tried to sell mining shares he did not own.

Don't punish fin services for GFC: Pearce

ALEX DUNNIN  |  WEDNESDAY, 18 FEB 2009
The Federal Opposition said imposing a new round of regulation on the financial services sector as a reaction to the GFC could be counter-productive.