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Stuck with the rancid bacon : Despite a tip-off, ASIC dropped the ball on Nuix

Stuck with the rancid bacon : Despite a tip-off, ASIC dropped the ball on Nuix
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Daniel crennanJames shiptonJeff bleichAustralian taxation officeAperion lawஜேம்ஸ் ஷிப்டன்ஜெஃப் ப்ளீச்ஆஸ்திரேலிய வரிவிதிப்பு அலுவலகம்அப்பரின் சட்டம்

Corporate watchdog considers complaint about Premier Investments not revealing jobkeeper payments

The letter was in response to a request Leigh made of Asic’s chair, James Shipton, pointing out that in June last year the regulator told companies to “prominently disclose significant amounts, the commencement date and expected duration of support or assistance” received under government programs including jobkeeper. “Will you be asking Premier Investments to disclose the total jobkeeper support that it has received from taxpayers, in line with your own announcement?” Leigh asked in his request, sent on 3 May. In response, Facey said that Asic had “not yet decided what action if any we will take in relation to the disclosures by Premier Investments”.

James shiptonSolomon lewBrendan faceyAndrew leighInvestments commissionPremier investmentsAustralian securitiesBreach reportingஜேம்ஸ் ஷிப்டன்சாலமன் ல்யூஆண்ட்ரூ லேமுதலீடுகள் தரகுப்ரிமியர் முதலீடுகள்ஆஸ்திரேலிய பத்திரங்கள்மீறல் புகாரளித்தல்

New authority to keep a close eye on corporate watchdog

New authority to keep a close eye on corporate watchdog New authority to keep a close eye on corporate watchdog The government has rushed new legislation to Parliament in the wake of its ushering in a new broom at ASIC, which will keep the regulator accountable to an independent authority charged with assessing its effectiveness. A A The Financial Regulator Assessment Authority (FRAA) Bill 2021, introduced to Parliament last week, gives effect to a number of recommendations arising from the royal commission around creating a new body to assess the effectiveness and capability of ASIC and APRA. Treasurer Josh Frydenberg announced the creation of the FRAA last month as he revealed outgoing ASIC chair James Shipton was to be replaced with current Herbert Smith Freehills senior adviser Joe Longo, with the authority to take a key role in advising Mr Longo as to what changes are needed to be made at the regulator.

James shiptonSarah kendellHerbert smith freehillsJosh frydenbergJoe longoAustralian national audit officeFinancial regulator assessment authorityஜேம்ஸ் ஷிப்டன்சாரா கெண்டெல்ல்ஹெர்பர்ட் ஸ்மித் ஃப்ரீஹில்ஸ்ஓஹோ லாங்கோஆஸ்திரேலிய தேசிய தணிக்கை அலுவலகம்நிதி சீராக்கி மதிப்பீடு அதிகாரம்

Bill ushers in new regulator watchdog plan | Professional Planner

Politicians just don’t have the expertise to assess the effectiveness of ASIC and APRA, the bill explains. As per Hayne’s recommendation, the new Financial Regulator Assessment Authority will be tasked with doing the job properly.

New south walesJames shiptonTahn sharpeJulien hillTreasury departmentFinancial regulator assessment authorityHayne royal commissionRoyal commissionFinancial services royal commissionFinancial regulator assessment authority billRegulator assessmentSystems inquirySenate estimatesAdvanced diplomaபுதியது தெற்கு வேல்ஸ்ஜேம்ஸ் ஷிப்டன்

Put the Banks Under State Control! | Dissident Voice

Australia’s Capitalist Finance Sector: Deception, Exploitation and Misdirection of Financial Resources by Trotskyist Platform / May 11th, 2021 In recent years, the ripping off of customers, deceit and even outright fraud practiced by Australian finance sector businesses has gained much attention. Four years ago it was revealed how CommInsure, the insurance arm of the Commonwealth Bank of Australia (CBA), had refused to make promised life insurance payments to heart attack survivors. They “justified” this by using a definition of a heart attack that was so dodgy that even some people who had such a severe heart attack that they had to be resuscitated were denied their entitled pay outs! Such devious practices have been undertaken by finance sector enterprises big and small – from the big four banks and insurance giants to brokers and loan enablers and to retail businesses that hand out loans. As a result the banks, insurance companies and the brokers and others connected t

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