MoneySmart says check your insurance cover

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ASIC’s consumer website, MoneySmart, is encouraging people to check they have appropriate insurance cover. The Bureau of Meteorology predicts a high risk of tropical cyclones this summer . The long-term

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ASIC proposals for research houses

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ASIC has released a consultation paper proposing research report providers, including research houses, separate their business units as a strategy to manage conflicts of interest as part of moves to improve

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MoneySmart named best government website

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ASIC has announced its MoneySmart website has been named the best government website at the Australian Web Awards on 12 November 2011. The Australian Web Awards evaluates websites on criteria including

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ASIC confirms ASX readiness to launch PureMatch

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ASIC has confirmed it is satisfied that the Australian Securities Exchange (ASX), prospective participants and data vendors are ready for ASX’s new order book, PureMatch, to commence operating from 28

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ASIC data shows rise in insolvency appointments

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Data released today by ASIC shows a strong overall rise in companies entering external administration (EXAD) in the three months to September 2011. Mr Adrian Brown, ASIC’s Senior Executive Leader

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ASIC releases new financial requirements for responsible entities

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ASIC has released new financial requirements for responsible entities (REs) of managed investment schemes (MISs). The changes, implemented through Class Order (CO 11/1140]) and outlined in updated versions of Regulatory Guide

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ASIC obtains orders against Equititrust Limited

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ASIC has obtained various interim orders in the Supreme Court of Queensland against Equititrust Limited, the responsible entity of two managed investment schemes, constraining the manner in which Equititrust is

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MF Global in administration

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ASIC is aware that companies in the MF Global group have been placed into administration. This impacts a number of companies in Australia. Insolvency firm Deloitte has been appointed administrator

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ASIC makes rules for capital for Chi-X market

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ASIC today registered market integrity rules for capital for the Chi-X market, which is due to start operating 31 October 2011. These rules are modeled closely on the market integrity rules

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Do your clients have ‘lost super’?

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Have any of your clients lost a relative who lived in Matraville, New South Wales? If so, they may be the beneficiary of $642,000 from a dormant bank account. Do you have clients in

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