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Showing 101 - 110 of 632 results for %22UK Financial Services Authority%22

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
... the end of July 2022. Interested parties will have until 28 January 2022 to get their submissions in. "The Financial Services Royal Commission highlighted that while both APRA and ASIC were already subject to a range of external assessment, review and ...

AFCA launches new platform to improve dispute resolution

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
The Australian Financial Complaints Authority (AFCA) today launched a new digital platform to help financial services firms better manage disputes that reach the ombudsman service. The new AFCA member benchmarking dashboard is an interactive platform ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
The Financial Adviser Standards and Ethics Authority has opened a round of consultation to amend the wording of Standard 3. Following concerns raised by the industry, FASEA is now asking stakeholders what they want the wording of Standard 3 to state ...

APRA appoints investment risk lead from TCorp

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... regulatory and legal fields across both the private and public sectors. Cole has worked for the UK's Financial Services Authority and more recently was the general counsel and chief risk officer of PwC in the UK and subsequently PwC's global regulatory ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial Services and Credit Panel within ASIC will make the Financial Adviser Standards and Ethics Authority redundant. The FSCP will become ...

Industry calls for expanded CSLR

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
... required to contribute to the costs of compensation. FPA chief executive Dante De Gori said the consumers purchase financial services and products from a broad range of providers. "They deserve the same protections and access to compensation, regardless ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme. The FSC is calling on corporate regulator ASIC ...

Kiwi markets regulator names new chief

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
... Gibraltar's economy. She is also a former economist at the Reserve Bank of New Zealand and worked at the Financial Services Authority in London (now known as the Financial Conduct Authority). "Samantha Barrass brings deep international regulatory experience ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
The Financial Services Council is consulting on solutions for group insurance cover for members working in hazardous occupations after stapling. FSC said if a MySuper product's default life insurance cover has occupations-based exclusions, a member ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold. The life insurer has set up AIA Financial Wellbeing, led by Pina Sciarrone, who is the chief ...