Is FOFA the next step in the evolution of financial advice? – Money Management
Is FOFA the next step in the evolution of financial advice? Money Management On 13 December 2011, the Australian Securities and Investments Commission (ASIC) issued a media release in which it announced that it would issue regulatory guidance on the best interests duty, scaled financial advice, and conflicted remuneration ... |
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Namibia conditionally approves possible acquisition of uranium developer … – Creamer Media’s Mining Weekly
Namibia conditionally approves possible acquisition of uranium developer ... Creamer Media's Mining Weekly Extract states that Taurus, owned by State-owned China Guangdong Nuclear Corporation Uranium Resources Corporation (CGNPC-URC) and the China-Africa Development Fund has been granted relief by the Australian Securities and Investments Commission to ... |
Consumers come first in financial planning – The Australian
Consumers come first in financial planning The Australian Of course there are some good planners but as the Australian Securities and Investments Commission "shadow shop" revealed this week, only 3 per cent of financial plans were rated as even good for the client. It does not appear that the industry has ... |
Power of the credit ratings agencies crashes and burns, so what’s next? – Sydney Morning Herald
 Sydney Morning Herald | Power of the credit ratings agencies crashes and burns, so what's next? Sydney Morning Herald Australian Securities and Investments Commission chairman Greg Medcraft said yesterday the European Securities Markets Authority's backing of Australia's credit rating agency regulation will facilitate Australian debt issuers' use of their ... |
Tough times ahead for ratings agencies as investors wise up – Sydney Morning Herald
Tough times ahead for ratings agencies as investors wise up Sydney Morning Herald As bond markets are turning their backs on credit-rating agencies, the Australian Securities and Investments Commission, is slapping itself on the back for helping Australia to become the second country in the world to win endorsement from the European ... |
ASIC sets new rules for infrastructure funds – ABC Online
 Brisbane Times | ASIC sets new rules for infrastructure funds ABC Online The Australian Securities and Investments Commission's new benchmarks cover the main risks of investing in infrastructure, including high management fees and complex company structures. ASIC says the value of listed infrastructure funds halved during ... Transurban concerns over ASIC reforms ASIC clears up infrastructure rules Watchdog acts to protect investors |
Mathias Cormann critical of ASIC on shadow shop data – Money Management
Mathias Cormann critical of ASIC on shadow shop data Money Management By Mike Taylor on 25 January 2012 The Federal Opposition has expressed concern that the Australian Securities and Investments Commission (ASIC) provided only preliminary data to a Parliamentary Joint Committee (PJC) on its latest financial planning ... |
ASIC shadow shop results highly preliminary – Money Management
 The Age | ASIC shadow shop results highly preliminary Money Management The Australian Securities and Investments Commission (ASIC) revealed to the PJC that, of the 64 plans provided during the shadow shop exercise, more than a third were rated poor, 61 per cent were rated adequate, and only three per cent (two financial ... ASIC questioned over new powers |
Legal experts warn SMEs understanding of new personal securities register is … – SmartCompany.com.au
Legal experts warn SMEs understanding of new personal securities register is ... SmartCompany.com.au The register will be monitored by the Australian Securities and Investments Commission, and is designed to act as a sole register for any form of personal property security. For the purposes of the register, any personal property security is a form of ... Register sneaks up on companies Game-changing register to open for business |
THE DISTILLERY: Super rebuke – Business Spectator
THE DISTILLERY: Super rebuke Business Spectator Returning to the lead in this morning's Distillery for the rest of this morning's business commentaries, Fairfax's Ruth Williams shows just how poor the results were from a sweep by the Australian Securities and Investments Commission (ASIC) of the ... |