Tag: ASX

Regulation
September 07, 2017 BY Valentina Kirilova

ASIC appoints liquidators to Diploma Group Limited and its subsidiaries

Justice McKerracher of the Federal Court of Australia (Perth) has yesterday appointed David Hodgson and Andrew Hewitt, of Grant Thornton, as liquidators to ASX-listed Diploma Group Limited (Receivers and Managers Appointed) (Provisional Liquidators Appointed) and its nineteen subsidiaries following an application by ASIC. The subsidiaries are: Diploma Construction (WA) Pty Ltd (Receivers and Managers Appointed)…

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August 31, 2017 BY Valentina Kirilova

Day trader pleads guilty to market manipulation

A 31-year-old South Australian man has pleaded guilty in the District Court of South Australia to market manipulation charges under sections 1041A(c) and 1041B(1)(a) of the Corporations Act following an ASIC investigation into his trading in contracts for difference (CFDs) and shares. Stefan Mark Boitcheff, a day trader living in Virginia, South Australia, pleaded guilty…

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A look at the ASX 200 as it heads into its third decade of trading
April 21, 2017 BY Valentina Kirilova

ASX launches the ASX 100 Cyber Health Check Report

The ASX 100 Cyber Health Check Report was launched today by the Minister Assisting the Prime Minister for Cyber Security, The Hon Dan Tehan MP, at a ceremony in Sydney hosted by ASX Chairman Rick Holliday and also featuring ASIC Commissioner Cathie Armour. The ASX 100 Cyber Health Check is the first attempt to gauge…

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December 21, 2016 BY Valentina Kirilova

ASIC reports on ASX equity market outage in September 2016

ASIC has released a report on the findings of its review of the ASX outage that affected the operation of the Australian equity market on 19 September 2016. It provides a whole-of-market perspective, with observations on how ASX and other important stakeholders responded on the day. A general lack of confidence on the day resulted…

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December 15, 2016 BY Valentina Kirilova

ASIC releases new instrument for buy-backs for ASX-listed schemes and updates guidance for scheme buy-backs

ASIC has released a new legislative instrument regarding on-market buy-backs of ASX-listed schemes, replacing the class order due to expire ('sunset') on 1 April 2018. ASIC has replaced Class Order [CO 07/422] with the new legislative instrument ASIC Corporations (ASX-listed Schemes On-market Buy-backs) Instrument 2016/1159. Class Order [CO 07/422] has been repealed by ASIC Corporations…

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November 09, 2016 BY Valentina Kirilova

Cyber health check for ASX 100 companies

ASX and ASIC have today invited the 100 largest ASX-listed companies to participate in the ASX 100 Cyber Health Check, a survey to benchmark the levels of cyber security awareness, capability and preparedness within Australian business. Participation by companies is voluntary, with responses sought by mid-December 2016. Companies that participate will receive a confidential report…

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October 12, 2016 BY Valentina Kirilova

ASX updates its Cash Equities and Settlement Code of Practice

Australia Securities Exchange (ASX) has updated its Cash Equities Clearing and Settlement Code of Practice to align with the set of Regulatory Expectations released today by the Council of Financial Regulators (CFR). The Regulatory Expectations provide a framework for ASX’s conduct in operating its cash equities clearing and settlement (CS) services while it remains the…

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