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Australian Securities & Investments Commission Asic

GPO Box 4866, Sydney, NSW 2000

p: 02 9911 2000  f: 02 9911 2333

http://www.asic.gov.au

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About Australian Securities & Investments Commission Asic

One of three Commonwealth government bodies that regulate financial services, the ASIC is the single national regulator of Australias 1.2 million companies. ASIC protects consumers, investors and creditors, and regulates and enforces laws that promote honesty and fairness in financial markets, products and services. ASIC maintains a public database to provide certainty in commercial dealings and works with other financial, consumer and law enforcement bodies in Australia and internationally.

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Latest News

ASIC Bans Failed Property Developer 29-Sep-2005

The Australian Securities and Investments Commission (ASIC) has banned Mr Peter Smirneos, of North Ryde, New South Wales, from managing corporations for three years. Find More

Further Answers on some Fees and Costs Questions 28-Sep-2005

The Australian Securities and Investments Commission (ASIC) today issued further answers to some regularly asked questions about the Corporations Amendment Regulations 2005 (No. 1) (the enhanced fee disclosure regulations) that were made on 10 March 2005. Find More

ASIC Decides not to Appeal Federal Court Decision on Takeovers Panel. 24-Sep-2005

The Australian Securities and Investments Commission (ASIC) today announced it had decided not to appeal the Federal Court's upholding of Glencore International AG’s (Glencore) challenge to the validity of the Takeovers Panel decision in the dispute surrounding equity swaps Glencore entered into during the Austral Coal Ltd takeover. Find More

ASIC Calls for Debt Collectors to Improve Practices on Old Debts 24-Sep-2005

The debt collection industry needs to review its practices in relation to old debts, where the legal limitation period has expired, according to a report released by the Australian Securities and Investments Commission (ASIC) today. Find More

Fincorp to Offer milllions in Refunds to Debenture Investors 23-Sep-2005

Fincorp Investments Ltd (Fincorp) has been required to offer certain investors who invested with Fincorp in 2004 all of their money back, including accrued interest, following legal proceedings initiated by the Australian Securities and Investments Commission (ASIC). Find More

ASIC Reminds Motorists to Check Insurance as Director fined for Contempt 22-Sep-2005

The Australian Securities and Investments Commission (ASIC) has reminded motorists insured with Liban Net Pty Limited to check their policies after the Federal Court of Australia found the company director, Mr Gaby Haddad guilty of contempt of court. Find More

ING Australia works with ASIC to Resolve Unit Pricing Problems 22-Sep-2005

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from ING Australia Limited, a joint venture between ING Australia Holdings Limited (INGA Holdings) and ANZ Orchard Investments Pty Ltd, and six of ING Australia’s subsidiaries. Find More

Self-Managed Superannuation Fund Adviser Ordered to Repay Clients 22-Sep-2005

The Australian Securities and Investments Commission (ASIC) has obtained final orders in the Federal Court of Australia compelling Mr Steve Preston, formerly known as Gordon Charles Fowler, and his company, Manito Pty Ltd, trading as Superannuation Retrieval Services (SRS), to repay 10 Melbourne clients a total of $76,594.06. Find More

Queensland Company Fined 20-Sep-2005

Hope Island Resort Development Corporation Limited, an unlisted public company that developed luxury resort communities on the Gold Coast, has been fined $37,000 following action by the Australian Securities and Investments Commission (ASIC). Find More

Liquidator Appointed to Spencer St Railway Bridge Building Company 16-Sep-2005

The Supreme Court of Victoria has ordered that a liquidator be appointed to wind up Oak Park Constructions Pty Ltd (Oak Park), following proceedings in which the Australian Securities and Investments Commission (ASIC) intervened. Find More

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[96457]
Level 3 70 Phillip Street, Sydney, NSW
1300 361204
Web
Suite 209, 410 Elizabeth Street, Surry Hills, NSW
1300 884876
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