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Showing 91 - 100 of 103 results for %22ASIC Class Order%22

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

ASIC has granted securitisation special purpose companies and trustees dealing in and providing custodial services for financial products, an exemption from having to obtain an Australian Financial Services Licence (AFSL). The relief is effective as ...

ASIC releases policy and extends deadline on dollar disclosure

ASIC has issued Policy Statement 182 'Dollar Disclosure' as a guide to how providing entities and product issuers can comply with the dollar disclosure regime. The statement also outlines provisions of relief under the rule and has extended the deadline ...

Wholesale foreign financial service providers get ASIC relief

ASIC has exempt certain wholesale financial service providers registered with 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 ...

ASIC rules out exemptions to Statements of Advice

The Australian Securities and Investments Commission (ASIC) has refused to provide any exemption to financial advisers from providing a Statement of Advice (SoA) in time critical situations following a submission from the Financial Planning Association. ...

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 ...

FSG; a step towards simplicity

The Australian Securities and Investments Commission (ASIC) has issued a class order outlining a more simple compliance regime under the Financial Services Guide (FSG) for financial advisers of retail clients. The class order, Information in a Financial ...

ASIC eases disclosure requirements on managed investment warrants

The Australian Securities and Investments Commission (ASIC) has issued a new class order easing disclosure requirements for ASX-traded warrants on managed investment products. Under the new order, disclosure requirements will be aligned with those applying ...

ASIC releases eLicensing V.4 and AFS Licensing Kit

... consideration the AFS licence streamlining process and other recent changes to regulations. It also takes into account recent ASIC Class Orders CO 03/645 and CO 03/705. The Version 4 release follows recent updates to ASIC's industry guides, designed ...

ASIC releases new policy on takeover relief

ASIC today released an expanded policy on takeover relief designed to give bidders, targets and holders certainty in complying with the Corporations Act while maintaining the principles behind takeover regulation. Policy Statement 159 titled Takeovers ...