ASIC answers the private markets regulation guessing game
The corporate regulator also says there is a need to reform the sophisticated investor threshold, which has been set at $250,000 for 20 years.
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Magnis loses Peter Tsegas but refuses to quit Tanzania dream
The ASX-listed miner and energy player owes more than $14m to lenders, has $23,000 in the bank, and is now planning to dig deep for a graphite mine in the middle of Tanzania.
‘Don’t fix what ain’t broken’, FinServ lobby tells ASIC over private markets
The FSC has revealed its 101-page submission to ASIC’s review of private markets. As part of its review, ASIC must examine what is driving investors away from public markets, towards private options.
‘Do your job’: ASIC reads super trustees the riot act over service failures
The corporate regulator told the boards of superannuation funds their mistreatment of members is eroding trust in the system. ‘We’ll continue to do our job of driving trustees to do theirs,’ Commissioner Simone Constant said.
Magnis digs deep amid financial and mining troubles
As ASIC prepares for its court battle with Magnis next year over disclosure breaches, the troubled battery firm reveals mounting losses and threats to its Tanzanian graphite asset.
Original URL: https://www.theaustralian.com.au/author/david-ross/page/2