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Showing 121 - 130 of 236 results for "Consultation Paper"

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
The Revenue and Financial Services Minister today welcomed a consultation paper on the terms of reference, governance and funding arrangements for the Australian Financial Complaints Authority (AFCA). AFCA, expected to operate as of 1 July 2018, is ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
... financial firm or remove individuals involved in managing a firm that may have a culture of non-compliance, the consultation paper noted. ASIC should be able to ban an individual from performing a specific function in a financial services business if ...

ASIC consults on new statement of advice

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... financial services industry on a new example statement of advice for life insurance. The regulator's latest consultation paper seeks feedback on the new example Statement of Advice (SOA) and related updates to the guidance in Regulatory Guide 90 - Example ...

Advisers to be judged by peers

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2017
... the regulator's administrative decision making process with an element of peer review, with ASIC releasing a consultation paper on the issue yesterday. The initial responsibility of the panel would be to determine whether ASIC should ban individuals ...

Whistleblower protections under microscope

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... fairness is provided to those who may be the subject of a disclosure." This morning Treasury released its public consultation paper for the review. It said the paper gathers information about existing whistleblower provisions already operating in Australia ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... suggesting Comprehensive Income Products for Retirement become MyRetirement products. Releasing a Treasury consultation paper on the development framework for CIPRs, Government Minister Kelly O'Dwyer said MyRetirement products offer a more consumer-friendly ...

Advisers to foot $24m bill

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
... 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 to regulate the financial advice sector in 2016-17 to cost ...

New investment vehicles need work: industry

DARREN SNYDER  |  MONDAY, 7 NOV 2016
... competitiveness and reduce the effectiveness of these measures." As a result, the government has released a public consultation paper on collective investment vehicle (CIV) non-resident withholding taxes. The conversation boils down to a unified goal ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
... services industry. IMAP chairman Toby Potter said the new guide reflected the association's submission to the consultation paper, describing the updated version of RG179 as easy to read and a "clear and pragmatic response that makes it more likely that ...

Regulator issues new risk management guidance

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
... 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 it builds on previous work. The proposed guidance does not impose new obligations ...