by Maja Garaca Djurdjevic | Dec 24, 2018 | News
Mr Conway said that imposing a new education structure on top of the existing structure will result in the possibility of thousands of accountants vacating the advice space. “No one disputes the merits of greater oversight, greater transparency and raising the bar on...
by Maja Garaca Djurdjevic | Dec 24, 2018 | News
ASIC has highlighted areas of improvement for both financial services licensees and issuers when raising equity on listed markets.”The fair and efficient allocation of securities in equity raising transactions promotes market integrity, improves market...
by Maja Garaca Djurdjevic | Dec 21, 2018 | News
The Competition and Markets Authority (CMA) has revealed serious competition concerns in the accounting industry and proposed significant legal changes to improve the audit sector.CMA said this week, it has identified a number of reasons why it believes audit quality...
by Maja Garaca Djurdjevic | Dec 20, 2018 | News
Corporates will face an increased level of scrutiny as the government’s investment ups the number of ACCC investigators by 16, Treasurer Josh Frydenberg said this week.This will result in “an increase in cartel prosecutions and greater capacity to investigate...
by Maja Garaca Djurdjevic | Dec 20, 2018 | News
Evermore’s licence was cancelled after ASIC undertook a surveillance and found that a representative of the company had advised clients to set up a self-managed superannuation fund (SMSF) and invest their superannuation in Evermore.ASIC found that Evermore:- failed to...