Powered by MOMENTUM MEDIA
investor daily logo

Regulation

regulation

15 October 2015 • By • 1 min read

Westpac to raise $3.5bn in capital

Westpac has announced it will raise $3.5 billion in equity through a share entitlement offer in order to meet additional capital requirements set out ...

READ MORE
icon

Industry funds back ‘user-pays’ ASIC

Industry Super Australia (ISA) has come out in support of shifting funding for ASIC to a user-pays model, but only on the basis that industry and ...

READ MORE
icon

ASIC user-pays model draws flak

The government has taken a mistaken 'one-size-fits-all' approach to the funding of ASIC by proposing a user-pays model based on market capitalisation, ...

READ MORE
icon

IOOF threatened with class action

Plaintiff law firm Maurice Blackburn is inviting IOOF shareholders to join a class action against the financial services firm relating to IOOF's ...

READ MORE
icon

Turnbull backs Australia as financial hub

Prime Minister Malcolm Turnbull has indicated the government is willing to pull various "tax levers" in order to turn Australia into a more ...

READ MORE
icon

FSC backs Trans-Pacific Partnership deal

The Trans-Pacific Partnership Agreement is set to provide the Australian financial services industry with a platform into major economies within the ...

READ MORE
icon

Draft legislation to combat lost super

The federal government has released draft legislation aimed at reducing the incidence of lost and inactive superannuation accounts. The exposure ...

READ MORE
icon

ASIC cancels Dunfo Capital licence

ASIC has cancelled the Australian financial services licence of wholesale service provider Dunfo Capital. Dunfo Capital has had its Australian ...

READ MORE
icon

ASIC sets up robo-advice taskforce

ASIC has established an internal task force dedicated to examining the issues associated with robo-advice.   The robo-advice task force will be ...

READ MORE
icon

Stockbroker DJ Carmichael fined $300,000

Western Australian stockbroking firm DJ Carmichael has paid a $300,000 infringement notice penalty for "creating a false or misleading appearance with ...

READ MORE