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Showing 21 - 30 of 57 results for "Class Order"

ASIC consulting over managed investment schemes

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
The Australian Securities and Investments Commission is proposing to remake its class order on differential fees for registered managed investment schemes, extending it beyond a 2017 expiration. ASIC said in its view the class order is operating effectively ...

ASIC accepts J.P. Morgan enforceable undertaking

ALEX BURKE  |  THURSDAY, 19 NOV 2015
... independent expert, establish a remediation plan and then undertake a "hindsight review." "It is fundamental to the class order relief granted to foreign financial service providers to disclose to clients that they are exempt from holding an Australian ...

PROFILE: HESTA chief executive Debby Blakey

LAURA MILLAN  |  WEDNESDAY, 8 APR 2015
... external technology provider that built up a system in record time: "In July 2009, ASIC released RG 200 providing Class Order Relief to facilitate the provision of simple, single issue financial advice to members of super funds. Within three weeks, we ...

Tight regulation getting in the way of digital advice: Minter Ellison

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... simple tools, Minter Ellison said. "While [the Australian Securities and Investments Commission] ASIC has issued a class order in relation to calculators, the conditions mean that very few providers can rely on it even for simple calculators that do ...

IFS caught investing in unregistered schemes

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Industry Fund Services (IFS) has breached an Australian Securities and Investments Commission (ASIC) class order by incorrectly investing client funds into an unregistered managed investment scheme. IFS recently changed their investment options after ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
... revealing fees in the online superannuation calculators. "Starting in 2004 IFSA aggressively lobbied ASIC to issue a class order that would amend the Corporations Act so IFSA's members could offer online calculators that would not comply with the act's ...

ASIC extends short PDS relief

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
The Australian Securities and Investments Commission (ASIC) has extended interim class order relief from the shorter product disclosure statement (PDS) regime for multi-funds, superannuation platforms and hedge funds. A class order has extended the ...

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
... go through the lengthy product disclosure statement 'wet signature' procedures previously demanded. ASIC issued the class order granting ASX relief from this process following a lengthy consultation process, during which the regulator received 22 submissions. ...

Hedge fund maestro Hintze voices concern over regulation

MARK SMITH  |  THURSDAY, 12 SEP 2013
... you can't lose." ASIC commissioner Greg Tanzer said that it hoped to publish the changes to its original hedge fund class order for industry consideration in due course but in the meantime, insisted that the regulator was not against hedge funds, and ...

Trading platform bids to raise industry transparency standards

MARK SMITH  |  TUESDAY, 20 AUG 2013
... matched, providing total transparency of client money (TOCM). The move is a more stringent adaptation of the ASIC Class Order (CO 02/294) from 2008 for businesses offering Investor Directed Portfolio Services (IDPS). Saxo's Australian chief executive ...