| Superannuation clearing houses and electronic payment facilities
A non-cash payment (NCP) facility is a facility through which a person (the client) can make a payment, or cause a payment to be made, otherwise than through the physical delivery of Australian or foreign currency: see s763D. As part of the regulatory regime, persons providing financial services in relation to NCP facilities are subject to the licensing, conduct and disclosure provisions of the Corporations Act.
The Corporations Act and Corporations Regulations 2001 exclude certain payment facilities from being financial products, and certain providers from providing a financial service. Our policy statement In November 2005, ASIC published its policy on how it would regulate NCP facilities under the Corporations Act: see Policy Statement 185 Non-cash payment facilities [PS 185] and Information Release [IR 05-60] ASIC adopts a flexible approach to the regulation of non-cash payment facilities.
Walker Valley b-ball sweeps Cleveland
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EQUAL HOUSING OPPORTUNITY
PUBLISHER'S NOTICE: All real estate advertised in this newspaper is subject to the Federal Fair Housing Act of 1968 and the Tennessee Human Rights Act which makes it illegal to advertise "any preference, limitation or discrimination based on race, color, religion, sex, handicap / disability, familial status, or national origin or an intention to make any such preference, limitation or discrimination."
This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are informed that all dwellings advertised in this newspaper are available on an equal opportunity basis.
MasterCard Announces Organizational Realignment
PURCHASE, N.Y., Nov. 5 /PRNewswire-FirstCall/ -- MasterCard Incorporated (NYSE: MA) today announced an organizational realignment designed to improve performance in the marketplace by broadening executive responsibilities, hiring a new senior executive and beginning the transition process for the retirement of its Chief Operating Officer, Alan J. Heuer, at the end of 2008. Heuer has been appointed to the Office of the CEO where he will hold the newly created position of Vice Chairman, and will continue to report to MasterCard President and Chief Executive Officer Robert W. Selander. Also assuming new responsibilities will be: These executives report to the Office of the CEO. W. Roy Dunbar, President, Global Technology & Operations; Noah J. Hanft, General Counsel and Corporate Secretary; and, Michael W.
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