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Showing 111 - 120 of 211 results for "Consultation Paper 212"

Advisers to foot $24m bill

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
The financial advice industry will pay more than $20 million in levies to ASIC under the proposed industry model to fund the regulator. The figure was released in ASIC's consultation paper on the proposed industry funding model. ASIC forecasts its effort ...

New investment vehicles need work: industry

DARREN SNYDER  |  MONDAY, 7 NOV 2016
The investment management industry is flagging concerns over the Federal Government's proposed Collective Investment Vehicle structure, especially its tax implications. Speaking at a regulatory forum in Sydney on Thursday, King & Wood Mallesons partner ...

Regulator issues new risk management guidance

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
Responsible entities of managed funds are receiving further guidance around risk management as ASIC aims to ensure adaptability in changing market conditions. Yesterday ASIC released a consultation paper on the proposed regulatory guidance and said ...

Regulatory sandbox exemption welcomed

KERRIE SYDEE  |  THURSDAY, 9 JUN 2016
ASIC has released a consultation paper on proposed further measures to accelerate innovation in Australian financial services, a move which has been welcomed by the fintech industry. The paper discusses a number of barriers ASIC has identified fintech ...

AIST takes aim at levies consultation

DARREN SNYDER  |  FRIDAY, 3 JUN 2016
The Australian Institute of Superannuation Trustees has labeled Treasury's consultation paper on proposed financial institutions supervisory levies as insufficient and non-compliant with government guidelines. In its submission to Treasury the AIST ...

ASIC consulting over managed investment schemes

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
The Australian Securities and Investments Commission is proposing to remake its class order on differential fees for registered managed investment schemes, extending it beyond a 2017 expiration. ASIC said in its view the class order is operating effectively ...

Government pushes "regulatory sandbox" for fintech startups

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
Treasurer Scott Morrison has said the Government and ASIC will work together to create a "regulatory sandbox" for fintech startups to test their business models. The sandbox will allow startups to test business ideas for up to six months with "a limited ...

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
Financial advisers and the life insurance industry are being asked to consult the Australian Securities and Investments Commission (ASIC) over plans that would give the regulator power to set a maximum level of upfront and ongoing commission payments ...

ASIC forms its views on MySuper dashboards

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
The Australian Securities and Investments Commission (ASIC) has released research suggesting there is a more positive sentiment towards superannuation based on annual tests of the MySuper dashboard. ASIC has published results from its 2014 consumer ...