12/24/2021
One-third of the VCCs are private equity and venture capital firms and 28% are independent asset managers and multi-family offices. The rest include hedge funds, traditional asset managers and others.
12/24/2021
ASIC reminds credit licensees that under section 31 of the National Credit Act they are prohibited from conducting business with unlicensed persons.
12/23/2021
“More importantly, this will bridge the regulatory gap between domestic and international offerings and allow local funds to remain competitive in the face of a rapidly evolving market environment,”
12/23/2021
The LRC’s Outcome Related Fee Structures for Arbitration Sub-committee issued its consultation paper in December 2020.
12/23/2021
All legitimate exchange traded bonds are purchased through licensed ASX brokers.
12/23/2021
ASIC notes that the use of the Australian Coat of Arms requires permission.
12/23/2021
The new SPAC rules were adopted expeditiously, concluded and implemented within just three months of a consultation review launched on 17 September 2021.
12/23/2021
The six priority agendas are synchronising exit strategies from the global pandemic to support recovery in developing countries, addressing the ‘scarring’ effect of the pandemic to secure future growth, payment systems in the digital era, sust
12/22/2021
A key reform under the Act is to give the Financial Services and Credit Panel (FSCP) its own statutory functions and powers.
12/22/2021
The Court also permanently restrained the companies from using certain words and phrases (such as ‘term deposit’ and ‘certainty’) in any future advertising.
12/22/2021
The Commonwealth Director of Public Prosecutions is prosecuting the matter following a referral from ASIC.
12/21/2021
Mr Furnell and Mr Summers have the right to appeal to the Administrative Appeals Tribunal for a review of ASIC’s decision.
12/21/2021
ASIC also found United Wealth Group failed to take reasonable steps to ensure its authorised representatives complied with financial services laws.
12/21/2021
Justice Kylie Downes found the Court could make orders to declare Mr King bankrupt based on the unpaid pecuniary penalty
12/20/2021
The SC will now also allow SPACs to issue securities to acquire a qualifying target firm instead of having to pay all cash like before.
12/20/2021
The Monetary Authority has reprimanded and ordered ePaylinks to pay a pecuniary penalty
12/20/2021
In light of the growing community concern about whether personal information contained in public registers is properly protected, the Government believes it is appropriate to implement the new inspection regime under the Companies Ordinance in three phase
12/20/2021
In Investment Funds, team head Nicholas Plowman is praised for his "depth of expertise", with clients saying they "attribute much value to his advice". Kate Hodson and head of ESG is "very strong and manages her team very well&
12/17/2021
The SFC appreciates the assistance of the Hong Kong Police, the MAS and the Singapore Police and will continue to work closely with the Hong Kong Police’s Anti-Deception Coordination Centre
12/17/2021
The team works very closely with us, the service is very high-quality, and they give a quick response to the client’s questions.