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Showing 101 - 110 of 203 results for "Consultation Paper"

Government pushes "regulatory sandbox" for fintech startups

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
... dispute resolution scheme," compensation arrangements and modified conduct and disclosure obligations. "This consultation paper will seek feedback on additional steps that ASIC may take to facilitate fintech innovation while maintaining protections to ...

ASIC consults on robo regulation

ALEX BURKE  |  MONDAY, 21 MAR 2016
ASIC has released a draft regulatory guide and consultation paper for the robo-advice sector. The guide addresses industry concerns about and expectations for digital advice. It suggests robo-advice providers must hold an Australian financial services ...

ASIC consults on LIF powers

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
... amount of upfront commissions to be repaid to life insurers, otherwise known as clawbacks. ASIC, who released a consultation paper today, said it is also seeking feedback on the type of information life insurers "should report to us to enable us to monitor ...

ASIC forms its views on MySuper dashboards

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
... valuable. The dashboard testing will undoubtedly form part of ASIC's submission to draft legislation and a consultation paper released by the federal government yesterday. It asks for the super industry's views on whether a comparison metric on the product ...

Government proposes super portfolio disclosure

DARREN SNYDER  |  THURSDAY, 10 DEC 2015
... investment option's fees, returns and risk. Assistant Treasurer Kelly O'Dwyer released draft legislation and a consultation paper today that asks for the super industry's views on whether a comparison metric on the product dashboard would provide a useful ...

ASIC revenue and investigations decrease in 2015

ALEX BURKE  |  MONDAY, 2 NOV 2015
... with certainty of funding and to promote better regulatory outcomes. In August 2015, the Government released a consultation paper seeking views on this model and we welcome this process. "Such a model will establish a price signal for resources used ...

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
... funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted with industry" regarding the proposals in the paper, and released Report ...

ASIC funding model needs "meat on the bones"

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
... needs "more meat on the bones," the Governance Institute said. The organisation said that the government's consultation paper 'Proposed Industry Funding Model for the Australian Securities and Investments Commission' lacks detail about how the model ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... "extreme fees and levies being imposed on financial planning businesses." To illustrate, he pointed to the consultation paper estimating that small financial advice practices would pay over $6,000 annually in addition to the proposed $11,000 Australian ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... financial services industry." The ABA urged caution in adopting the model, shortly after the government released a consultation paper seeking stakeholder views. This consultation is part of the government's consideration of the Financial System Inquiry ...