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Showing 41 - 50 of 57 results for "Class Order"

Interim relief for super fund product disclosure extended

... the Australian Securities and Investments Commission (ASIC) decided to extend the relief provided from the Act under Class Order [CO 05/346] Deferral of s1012IA - amendment. Under s1012IA of the Act superannuation trustees are required to provide fund ...

ASIC reveals financial services refinement projects

... Financial Services Reform (FSR). Relief will be provided in the appropriate circumstances. The regulator plans to issue a class order relief by August 2005 to allow unlicensed product issuers to provide a simpler GAW in their advertising. Rules surrounding ...

ASIC documents and expands relief rulings

... given to financial service providers from certain provisions of the Corporations Act 2001, and has also issued a new class order broadening the relief available to responsible entities of managed investment schemes. The report covering ASIC's rulings ...

ASIC moves to fine tune financial services guides

... providers in disclosing additional remuneration requirements currently required by the Corporations Regulations 2001. The Class Order (CO 05/27) Financial Services Guides - Tailoring Relief exempts financial service providers from including any additional ...

ASIC and APRA move to streamline intra-fund transfers

A new class order by ASIC will permit members of funds to be transferred between products within a fund without the members' consent as the industry moves towards the rationalisation of fund products. The class order - CO 04/1574 Application form and ...

Licensing relief for securitisation special purpose vehicles

... having to obtain an Australian Financial Services Licence (AFSL). The relief is effective as of 1 July 2005 under 'Class Order 04/1526: Securitisation special purpose vehicles'. ASIC has extended the transitional period to 30 June 2005 for participants ...

ASIC releases policy and extends deadline on dollar disclosure

... unreasonably burdensome or not in the client's best interest. In the policy statement AISC has also specifically included class order relief for certain items including disclosure items contingent on unknown facts or circumstances; costs of derivatives ...

Wholesale foreign financial service providers get ASIC relief

... the US Commodity Futures Trading Commission (CFTC) to hold an Australian financial services license (AFS). Under the class order: US CFTC regulated financial services providers, those exempt from holding an AFS include futures commission merchants, introducing ...

ASIC rules out exemptions to Statements of Advice

... these requirements in time critical situations, and is looking at the possibility of extending some provisions of its Class Order providing for Statements of Additional Advice, the FPA said. The FPA said it is working with ASIC towards achieving its ...

ASIC relaxes requirements on licensee cash deposits

The Australian Securities and Investments Commission (ASIC) issued a new class order on Tuesday allowing Financial Services licensees to deposit client money into a cash common fund. The regulator said in certain circumstances, corporations law required ...