Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 142 results for "AFS licence"

Accountants eye full AFS licence

LAURA MILLAN  |  MONDAY, 24 JUN 2013
... has been in talks with over one hundred accountants who are considering taking the necessary steps to obtain a full AFS licence, ahead of July 1, 2013, when accountants will be able to apply for a limited licence. Lane explained that the training needed ...

ASIC releases more detail on limited AFS licence

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... for a limited Australian financial services (AFS) licence. The guide establishes the exact definition of a limited AFS licence and it gives more details on the steps needed to apply for the licence. It also provides guidance on training requirements ...

Employed advisers could face $200k liability under FoFA

JAMES FERNYHOUGH  |  TUESDAY, 11 JUN 2013
... requirement for employed advisers to be appointed as ARs. They can provide financial services under their employer's AFS licence without it," she said. "If an employed adviser is not an AR, these fines won't apply to them." Violations of the Best Interests ...

TASA necessary for customer protection: accountants

LAURA MILLAN  |  WEDNESDAY, 5 JUN 2013
... advice for ages," Ling said. "The inclusion of financial planners into TASA comes at the same time that the limited AFS licence for accountants, so it puts everyone on the same playing field." Ling admitted that there are still grey areas, but added ...

ASIC charges former financial adviser

LAURA MILLAN  |  FRIDAY, 12 APR 2013
... ASIC banned Mr Whitting from providing financial services for a period of four years and also suspended Kedesco's AFS licence for three months with conditions. On 17 December 2009, Mr Geoff Handberg and Mr Brent Morgan of Rogers Reidy Chartered Accountants ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
... obligations, and implement effective supervisory arrangements such as an audit program. ASIC has varied Lionsgate's AFS licence to include conditions that require the appointment of an independent expert to review all aspects of the licensee's arrangements ...

ASIC cancel advice firm's AFS licence

LINDA HAUSKEN  |  MONDAY, 22 OCT 2012
ASIC has cancelled the Australian Financial Services (AFS) licence of Sydney-based Australian Performance Financial Planning, effective immediately. In April, the corporate regulator suspended the company's licence because it had been had been put under ...

ASIC streamlines AFS licence process

LINDA HAUSKEN  |  WEDNESDAY, 13 JUN 2012
... removes the requirement to submit paper versions of documents lodged online. Under the changes, applicants for an AFS licence will no longer be required to lodge the signed application form and the supporting documentation in paper text, allowing applicants ...

ASIC warns against fake investment group

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
... quoting the Australian Financial Service (AFS) licence and Australian Company Number (ACN) of a legitimately registered AFS licence holder. ASIC said the prospective investors are asked to transfer funds into a bank account in the name of Diversified ...

ASIC charges against new wave of boiler room scams

ELISE BURGESS  |  MONDAY, 6 FEB 2012
... Golden Sparrow and GS Contracting be restrained from carrying on a financial services business without holding an AFS licence. ASIC's investigation into this matter continues.