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ASIC takes collapsed firm to court for remuneration breaches


ASIC takes collapsed firm to court for remuneration breaches
ASIC takes collapsed firm to court for remuneration breaches
The corporate regulator has commenced civil proceedings against a collapsed financial services group for allegedly paying illegal bonuses to advisers around the purchase of property through SMSFs.
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In a statement, ASIC said it had initiated the legal action against liquidated group DOD Bookkeeping, formerly known as Equiti Financial Services (Equiti FS).
Equiti FS was part of the Equiti Group of companies that offered SMSF establishment and administration services, real estate and mortgage broking services.
“ASIC alleges that, between 26 October 2015 to 27 August 2018, Equiti FS paid three advisers bonuses totalling $164,750 upon settlement of property purchases those advisers recommended their clients make through either an existing SMSF or an SMSF to be established,” the regulator said. ....

Equiti Financial Services , Equiti Group , Corporations Act , நிறுவனங்கள் நாடகம் ,

Facebook : Supporting Local Economies Through Investments in Renewable Energy


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This week, independent global research firm RTI International published a new study, showcasing the positive impact of Facebook s renewable projects that support our US operations. According to the study, these projects provide significant contributions to local economies through capital expenditures, operating expenses and direct wages. You can read the full study here.
The study found that:
Facebook s renewable energy procurement has resulted in 55 newsolar and wind projects across 18 states adding 5,763 megawatts (MW) of clean electricity to the US grid.
Facebook s renewable project investments make a positive economic impact in communities, particularly economically distressed areas. Of the 55 renewable energy projects supported by Facebook, 82% are located in counties with poverty rates above the national average. ....

Nc Stock Exchange , Press Release , Ccording Fb Us30303m1027 ,