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Showing 1031 - 1040 of 1277 results for "AFS"

Westpac Group restructure, Coombe resigns

CLAIRE MCGREAL  |  THURSDAY, 24 NOV 2011
... new divisions, senior appointments and the resignation of group executive Rob Coombe. The new Australian Financial Services (AFS) division combines Westpac Retail & Business Banking, St.George Banking Group, BT Financial Group and Banking Products and ...

ASIC cancels South Australian financial services licence

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
... the future. MPF authorised individuals and companies provided financial services under its Australian Financial Services (AFS) license, including the provision of financial product advice, and dealing in financial products including derivatives, foreign ...

ASIC bans authorised representative of Romad Financial Services

CLAIRE MCGREAL  |  TUESDAY, 8 NOV 2011
... Financial Services Pty Ltd (RFS) and the Responsible Manager and Key Person of RFS's Australian financial services licence (AFS) since June 2004. An ASIC investigation found he failed to comply with financial services laws over two years between April ...

Paragem sells dealer services to netwealth

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
Independent service provider Paragem has sold its dealer services arm to privately owned platform provider netwealth. The company said the sale would allow it to focus on growing Paragem Wholesale AFSL (PWA), "at a time when regulatory change is driving ...

ASIC seeks interim orders against Equititrust

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... compliance for both schemes. In the hearing, ASIC will consider the suspension of Equititrust's Australian financial services (AFS) licence and following resolutions made by Equititrust's Board of Directors on October 12 to take steps to wind up the ...

ASIC annual report highlights industry trends

ELISE BURGESS  |  MONDAY, 31 OCT 2011
... months, up to June 30, the Australian Securities and Investments Commission (ASIC) approved 868 Australian financial services (AFS) licence applications for margin lending facilities financial product authorisations (for existing AFS licence holders) ...

AAT grants stay for AFSL cancellation decision

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... Services after the Australian Securities and Investments Commission (ASIC) cancelled its Australian financial services licence (AFS licence) on October 19 for not complying with financial services laws. Romad requested AAT review ASIC's decision until ...

ASIC suspends Far East AFSL

CLAIRE MCGREAL  |  TUESDAY, 25 OCT 2011
An independent Sydney-based private investment bank has had its Australian financial services license suspended for failing to lodge financial statements. Far East Capital Limited specialises in the resources sector in the junior end of the market and ...

AMP appoints former AXA heads to merged business

CLAIRE MCGREAL  |  WEDNESDAY, 19 OCT 2011
... management pricing and risk; Steve Burgess, formerly AXA general manager of platforms has been named director platforms; former AFS director strategy and growth Brad Green has been made director business operations; while Mike Lawrence and John McIlroy ...

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... ASIC's commitment to hold gatekeepers to account, in particular to uphold the integrity of the financial requirements for AFS licensees that operate registered schemes," said ASIC Chairman Greg Medcraft. "The consequences of failing to meet licensee ...