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Showing 1211 - 1220 of 1226 results for "Licensees"

ASIC publishes policy paper on conflict of interest in financial services

... Securities and Investments Commission (ASIC) on Monday published a new policy statement on how it expects financial services licensees to manage conflicts of interest. \"The CLERP 9 legislation imposes, for the first time, a direct and specific obligation ...

FPA backs new ASIC guidelines on SOA's

... support behind the latest guidelines provided by the Australian Securities and Investments Commission (ASIC) on how licensees and their representatives prepare Statements of Advice (SOA). "These are important and positive developments for the financial ...

ASIC to release paper on dollar disclosure rules

AAP  |  MONDAY, 28 JUN 2004
... regulations, introduced by the government. The "dollar disclosure" regulations, unveiled last Thursday, mean financial licensees and product issuers must disclose various fees, benefits, costs and interests from the start of next year in client statements ...

ASIC warns licensees over possible AFS breaches

The Australian financial regulator ASIC has warned that some licensees may be in breach of their Australian Financial Services (AFS) licence and has advised that licensees can apply to vary their licence. The advice in the latest ASIC newsletter pointed ...

Secretary to Treasurer confirms no extension to AFS licence deadline

... December 2003 will be processed before the end of the transition period. It is therefore imperative that all intending licensees lodge applications with ASIC as soon as possible and by no later than this date."

AFA hits out on ASIC's FSR license powers

... if courts later reinstate the licence to the licensee, clients' financial objectives, Representatives practices and licensees businesses and reputations are in ruins by that time," he said. "The damages may run into many, many millions of dollars. They ...

ASIC releases eLicensing V.4 and AFS Licensing Kit

... right authorisations and assessment process when applying for an AFS licence. "ASIC has aimed to provide prospective licensees with as much guidance as possible to assist them in making their applications by December 2003, to ensure their licences are ...

New licensing guide for AFS applicants: ASIC

... for applicants is to identify the financial obligations relevant to their financial services business. The majority of licensees with less complex businesses will generally need to demonstrate solvency, positive net assets and cash budgeting." More information ...

ASIC approves Deakin AFS licence

... assist and ensure that all Deakin advisers and representatives are aware of their increased obligations placed upon licensees and their representatives under the FSRA. In keeping with Deakin's business objective to provide service and support at a local ...

ASIC imposes additional condition on Barkworth Olives dealers' licence

... indemnity insurance. While BOML has since rectified the breach, there was a delay in reporting the matter to ASIC. "Licensees are responsible for ensuring that any breach of the law or their licence conditions are reported to ASIC within the prescribed ...