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Showing 1231 - 1240 of 1277 results for "AFS"

ASIC clarifies breach notification requirements of AFSLs

Reporting breaches for Australian financial services licence (AFSL) holders should be easier after ASIC released guidelines of breach notification requirements including examples of breaches, what to include in a breach report and how to inform ASIC ...

ASIC accepts National Australia Bank's enforceable undertaking

ASIC has accepted an enforceable undertaking from National Australia Bank (National) designed to improve the bank's key systems and controls under its Australian financial services license (AFSL) after the foreign currency options trading losses National ...

Wholesale foreign financial service providers get ASIC relief

... providers registered with the US Commodity Futures Trading Commission (CFTC) to hold an Australian financial services license (AFS). Under the class order: US CFTC regulated financial services providers, those exempt from holding an AFS include futures ...

ASIC restricts wealth creation spruikers

The Melbourne Federal Court has ruled Giann & Giann trading as Break Free Investments (BFE) and its director Mr Jon Giannopoulos, and JTC Group made a number of false and misleading representations in contravention of the ASIC Act 2001 during the promotion ...

ASIC moves in on unlicensed operators

ASIC has stepped up the second phase of its compliance campaign to remove unlicensed entities from operating in the financial services sector. The first phase of ASIC's campaign involved the transition of old law licensees to the new licensing regime. ...

AFS licensees given notice on MDA authorisations

Australian financial services (AFS) licensees were reminded on Thursday applications for managed discretionary account (MDA) authorisations needed to be in no later than 10 December 2004. The Australian Securities and Investments Commission (ASIC) said ...

AFS licensees pass ASIC's spot check

... Monday released its findings on a program of 353 randomly conducted verification visits on Australian financial services (AFS) licensees. Conducted between December 2002 and July 2004, the visits were undertaken to confirm certain declarations made in ...

AMP cuts super and pension fees by $40 mln in total

AAP  |  WEDNESDAY, 18 AUG 2004
... Lifetime superannuation products, 6% for CustomerSuper and 5% for Flexible Lifetime allocated pensions. AMP Financial Services (AFS) managing director Craig Dunn said 59 of 63 Flexible Lifetime products will have lower fees from 20 September. He said ...

Wealth-creation seminar promoters comply with undertakings

AAP  |  THURSDAY, 22 JUL 2004
The promoters of a wealth-creation seminar held in Sydney on Wednesday were forced to make changes to its content to comply with undertakings made with the national corporate regulator. In advertising his $5,000-per-head seminar, US finance spruiker ...

Cayman Islands insurer banned from trading after ASIC action

AAP  |  TUESDAY, 15 JUN 2004
... registered in the Cayman Islands, had traded between August 2002 and March 2004 without holding an Australian Financial Services (AFS) licence. The court ordered against Triton and Trans Pacific carrying on any business in contravention of the Corporations ...