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Showing 101 - 110 of 111 results for "AFS licensees"

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
... AFS licence held by Opus. 'The Federal Court's decision reinforces the integrity of the financial requirements for AFS licensees that operate registered schemes,' ASIC Chairman Greg Medcraft said. 'Deferred tax assets are not readily realisable or available ...

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
... investors were supposed to pay the balance and in doing so would take ownership of the land and house. "ASIC expects AFS licensees to meet the conditions of their licence on an ongoing basis and will take steps to cancel a licence if a licensee is unable ...

IMAP elects chair

COMPANY RELEASE  |  WEDNESDAY, 11 NOV 2009
... Potter. Founded in 2006, IMAP represents investment managers, organisations providing managed account platforms and AFS licensees advising on discretionary portfolios.

ASIC boosts online MIS registration

COMPANY RELEASE  |  TUESDAY, 10 MAR 2009
... to lodge forms on behalf of companies. The forms supplement the existing online forms that can already be used by AFS licensees.

PI increase sparks debate

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
... behind ASIC's proposed changes to professional indemnity (PI) insurance required by financial planners and other AFS licensees. Only this week, the Financial Industry Complaints Service, a dispute resolution firm that handles any complaints against its ...

ASIC revises regulations for AFS license holders

CHRIS NICHOLLS  |  TUESDAY, 26 JUN 2007
... 'surplus liquid funds' can now include the addition of a percentage of non-current assets for certain eligible provider AFS licensees. Changes have also been made to adjustments required of licensees who underwrite or sub-write financial products subject ...

Henry Financial Group joins Genesys

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
... trend for emerging financial planning businesses to relinquish their own licenses to join reputable, full service AFS licensees. "Once licensees reach a certain size they realise the best way to embed value in their businesses is to relinquish their ...

AFS licensees behind the eight ball with account lodgement

... regulator. "This is a disturbingly high number as it means that approximately 15 per cent of the total number of AFS licensees are currently in breach of their obligations," ASIC executive director of financial services regulation Ian Johnston says. ...

New guidelines on conflicts for AFS applicants

... interest in line with the start date of 1 January 2005 for managing conflicts of interest. The policy applies to all AFS licensees who must have adequate arrangements for managing conflicts of interest that may arise wholly, or partially, in relation ...

AFS licensees given notice on MDA authorisations

... later than 10 December 2004. The Australian Securities and Investments Commission (ASIC) said all new and existing AFS licensees will be able to apply for the MDA licence authorisation from 30 September, and those that apply after 1 November risked not ...