All posts tagged "Corporations Act"
-
106Australia & NZAustralian Court Fines Colonial First State for Misleading Members
The court said Colonial First State Investments engaged in a 26-month "concerted campaign" that sought to take advantage of members.
October 20, 2021 -
122Australia & NZASIC Calls for Review of Non-compliant Whistleblower Policies
Some policies inaccurately refer to obsolete requirements for whistleblowers to identify themselves or make disclosures in good faith or without malice to qualify for protection.
October 14, 2021 -
222Australia & NZ
ASIC Warns of Social Media ‘Pump and Dump’ Campaigns
ASIC calls on market participants and listed companies to be on the lookout for and report suspected ‘pump and dump’ activity in listed securities.
September 23, 2021 -
201Australia & NZAustralia Issues Consultation to Finalise CCIV Regime
The CCIV regime will offer a more flexible and tax-efficient corporate structure for fund managers. The regime is targeted to commence from 1 July 2022.
September 1, 2021 -
130Australia & NZAustralian Court Fines NAB Over Fee Disclosure Statements
NAB charged fees for personal advice without providing customers fee disclosure statements, providing them late, or containing false misleading information.
August 27, 2021 -
127Australia & NZWestpac Subsidiaries Fined for Breaching Best Interests Duty
Westpac Securities Administration and BT Funds Management were fined for failing to act in their clients' best interests in a case that dates back to 2016.
August 26, 2021 -
131Australia & NZASIC Prosecutes 124 Individuals for Failing to Cooperate with Liquidators
Company officers failed to provide registered liquidators access to the company's books and submit reports on company activities and property.
August 18, 2021 -
110Australia & NZ
Australia to Further Amend Design & Distribution Obligations Law
The planned changes will make the DDOs law more appropriate for the mortgage broking sector, and clarify that margin lending to corporates is exempt, among other changes.
August 16, 2021 -
107Australia & NZ
Australia Passes Amendments to Continuous Disclosure Laws
Companies can provide forward-looking guidance to the market without the fear of class actions if forecasts are found to be inaccurate.
August 13, 2021 -
127Australia & NZAustralia Consults on Disciplinary Body for Financial Advisers
The government is consulting on regulations to support the establishment of the single disciplinary body that will form part of the new regime for financial advisers.
August 11, 2021
