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Showing 111 - 120 of 1197 results for "Licence"

Austbrokers Life, Australian Unity partner

CASSANDRA BALDINI  |  THURSDAY, 20 OCT 2022
... services, banking, and health insurance. Austbrokers Life will deliver financial advice under Australian Unity's financial licence (ASFL). Australian Unity Advice general manager Matt Brown said the organisations share values, ensuring a successful ...

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... purchase of Challenger Bank signals a major step forward in our Australian expansion strategy. A pathway to acquiring an ADI licence would create access to deep and efficient funding pools which allows for growth and the possibility of improved margins. ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... Telecommunications companies will be able to temporarily share approved government identifier information, such as drivers licence, Medicare and passport numbers of affected customers, with APRA-regulated entities to allow them to implement enhanced ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... be done by using the current grouping of sectors in the existing model, or by creating new sectors based on different licence types. The final option is to introduce a standardised metric for all sub-sectors, like revenue or turnover, meaning costs are ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
Liberal senator Andrew Bragg has released a draft bill for consultation that introduces licences for digital asset exchanges, custody services, stablecoin issuers, and instigates disclosure requirements for Chinese state-owned banks that facilitate ...

Ex-Synchron boss appointed head of Libertas

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... development of support services to self-licensed practices while adding tools and expertise for both Libertas and Interprac licence operations. "With such an appointment you're always hoping to find someone who understands the group and how it operates," ...

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
... October 25. The matter is being prosecuted by the Commonwealth Director of Public Prosecutions. ASIC suspended BBY's AFS licence in May 2015 and it was placed into voluntary administration during the same month. The former stockbroking and financial ...

ASIC bans Sterling & Freeman director

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... December 2016 and 2017. The loans were submitted through his finance broking company, which held an Australian credit licence. "ASIC's investigation found Saman was not of good fame and character and was not a fit and proper person to engage in credit ...

Increasing number of advisers look to self-licence

JAMIE WILLIAMSON  |  MONDAY, 5 SEP 2022
About 70% of the financial advisers that are looking to leave their licensee are planning to go it alone, research shows. According to Investment Trends' Adviser Business Model Report, about 70% of those looking to move in the next 12 months plan to ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... ensure they effectively monitor and supervise any brokers that are operating as authorised representatives under their licence. "We will intervene or take action where we see unfair or inappropriate offers of securities lending arrangements to retail ...