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Regulatory

ATO warns on super loans

WWW.THESHEET.COM  |  MONDAY, 7 APR 2008
The Australian Taxation Office has cautioned trustees of self managed superannuation to be careful about the types of loan arrangements they get into.

Govt to cut 'lost super' red tape

MICHAEL HOBBS  |  MONDAY, 7 APR 2008
Federal minister for superannuation and corporate law, Nick Sherry, has announced plans to reduce the hassle behind finding lost super accounts by rationalising the register.

Govt moves in on legacy products

MICHAEL HOBBS  |  FRIDAY, 4 APR 2008
Federal minister for superannuation and corporate law, Nick Sherry, has announced plans to develop a rationalisation mechanism to help customers move from an outdated investment product to a new one, at little or no cost.

Super funds critical on alt investment regulation

MICHAEL HOBBS  |  THURSDAY, 3 APR 2008
Almost one third of super funds that invest in alternatives are unhappy with the level of regulatory scrutiny in the sector, according to a Deloitte survey.

Further regulation not needed: Nelson

MICHAEL HOBBS  |  THURSDAY, 3 APR 2008
Federal Opposition leader Brendan Nelson said there is no need for further regulation on the stock market and non-bank lenders following Tricom and Opes Prime's problems.

More regulation coming: Clancy

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
Financial institutions and investment banks should brace for greater regulation as governments attempt to eliminate the threat of excessive leveraging in the future, according to Michael Clancy, MLC Investment Management general manager.

US regulation review models Australia

ALEX DUNNIN  |  TUESDAY, 1 APR 2008
The US is moving to an upgraded financial system regulatory model that should remind Australian wealth managers of the debate we had a decade ago during the Wallis Report.

Doja faces jail time

RUTH LIEW  |  MONDAY, 31 MAR 2008
Former Sydney financial adviser Tunde Doja was last Friday sentenced to a minimum of three years and eight months imprisonment in the Sydney District Court following an investigation by the Australian Securities and Investments Commission (ASIC) into ...

Short selling faces revamp

RUTH LIEW  |  MONDAY, 31 MAR 2008
Rules surrounding short selling in Australia look set to undergo a major overhaul following revelation that the crucial practice is effectively unregulated.

Brushing up market integrity

RUTH LIEW  |  MONDAY, 31 MAR 2008
Amidst recent shake-ups in securities lending, director share trading, margin loans and short selling, IFSA and ACSI have joined forces to outline their views on how market transparency and disclosure should be rendered.