421-430 of 480 results
CAMAC's 2014 discussion paper on managed investment schemes
The Corporations and Markets Advisory Committees discussion paper about the establishment and operation of managed investment schemes particularly examines governance disclosure and regulatory issues If the changes are implemented it could profoundly affect these schemes Partners Marc Kemp and Penny ...
Draft legislation released to improve corporate law compliance burden
An exposure draft of proposed legislative amendments designed to reduce the compliance burden for businesses has been released by the Federal Government The amendments include long-awaited changes to the dividend payment rules the abolition of the 100 member rule and updates to remuneration ...
Security of payment laws to come into force in NSW
New amending security of payment legislation will soon come into force in NSW that will provide greater protection and certainty for subcontractors in the contracting chain Partner Leighton OBrien and Lawyers Will Coote and Jerome Entwisle look at what will change and the implications ...
Property Occupations Act passed
New legislation that deals with property transactions in Queensland will have major implications on the sale process of residential property and the licensing of agents Partner Alister Fitzgerald and Senior Associate Annabelle Aland report on the main changes ...
ASIC on confidential information and briefings
ASIC recently issued a report on the handling of confidential information by listed entities and their advisers focusing on analyst and investor briefings and unannounced corporate transactions While the report does not identify any systemic issues it does highlight a number of areas of concern ...
Allens insights: Brave new world where financial advisers work in sales
The Senate Economics Committees Report into ASICs performance is an interesting read It opens by calling ASIC a timid hesitant regulator too ready and willing to accept uncritically the assurances of a large institution And continues in a similar vein for almost 500 pages ASIC says it does the best ...
ASIC proposes changes to fees and costs disclosure
ASIC has released for industry comment a draft Class Order which would amend the fees and costs disclosure requirements that apply to superannuation and managed investment products The key proposed amendments relate to the way in which indirect costs must be disclosed Senior Associate Simun Soljo ...
Australian landholder duty: avoid the pitfalls of an ever expanding duty base
An increased focus on taxing indirect real property transfers has seen the 'land-rich' or 'landholder' duty rules expand significantly over the years, resulting in far more transactions being liable to duty. ...
New opportunities for charities as 'directness' requirement ruled out
The Federal Court has recently ruled that there is no requirement for a public benevolent institution to provide direct relief to people in need Its interpretation of the expression public benevolent institution theoretically has the potential to expand eligibility well beyond traditionally accepted ...
ASIC releases paper on collective action by institutional investors
ASIC has released its consultation paper on collective shareholder actions which calls for feedback on a draft update to Regulatory Guide 128 The consultation paper illustrates ASICs current albeit preliminary views on the tension between fostering increased investor engagement on the one hand and ...