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Showing 1001 - 1010 of 1277 results for "AFS"

ASIC targets securities dealers

MELANIE TIMBRELL  |  TUESDAY, 14 AUG 2012
... report is the first to include information on the regulator's reviews of securities dealers - Australian Financial Services (AFS) licence holders who are not market participants but who sell securities products via a market participant. In a statement ...

ASIC raises bar on OTC derivatives

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
... over-the-counter (OTC) derivative issuers. ASIC commissioner Greg Tanzer said the new requirements had been developed to help ensure AFS licensees have adequate resources to effectively manage operational risks. "Considering the complex and risky nature ...

ASIC cancel Morrison Carr AFSL

LINDA HAUSKEN  |  TUESDAY, 31 JUL 2012
Australian Securities & Investments Commission has cancelled the Australian financial services and credit license of Morrison Carr Financial Services following a surveillance of the national planning business The sole director of Morrison Carr Financial ...

Family office tech suitability highlighted

MELANIE TIMBRELL  |  WEDNESDAY, 25 JUL 2012
Family offices need to understand market obligations and construct their technology systems and strategy accordingly. SA(C)amus A" Concheanainn, managing director of Foxrock Consulting said given their niche client set, family offices often don't realise ...

Former investment company director pleads guilty

MELANIE TIMBRELL  |  MONDAY, 23 JUL 2012
... on a financial services business between January 2009 and November 2009 without holding an Australian Financial Services (AFS) licence. The majority of the investors affected by the charges live on the Sunshine Coast, although there are some living in ...

My Adviser offers accountants licensing package

LINDA HAUSKEN  |  WEDNESDAY, 11 JUL 2012
My Adviser group has launched a specialist authority licensee package to enable accountants to continue to provide advice on SMSFs and superannuation following the changes to the accountant exemption in the FOFA reforms. Currently, accountants can provide ...

ASIC uncovers investment scam

LINDA HAUSKEN  |  FRIDAY, 6 JUL 2012
... Commission's (ASIC) said the companies had carried on a financial services business without holding an Australian financial services (AFS) license. According to ASIC, the companies used cold calling and a website to induce investors to deposit funds ...

BT appoints national manager

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
BT Financial Group has named Adam McGuren as new national manager for its Licensee Select business. Prior to Licensee Select, McGuren was head of new adviser development at MLC. During his time at MLC he held senior roles in investment platforms, investment ...

AFS appoints regional manager

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
... Services Group has named Danielle Nugent as the adviser group's regional manager for Victoria and Tasmania. Prior to joining AFS Group, Nugent was a consulting partner with The Strategic Thought Consultancy - an executive coaching organisation that assists ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
... product information contained on a website," said ASIC. At any time the CIA did not hold an Australian financial services (AFS) licence which is required under the Corporations Act, it said The Federal Court made declarations that CIA made false representations ...