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Showing 121 - 130 of 769 results for %22AFSL%22

New hire salaries skyrocket: Recruiter

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... after." Robert Half said candidates with experience in ASIC or APRA regulatory compliance are hot property, as are those with AFSL experience and GRC system implementation and maintenance experience. A beginner chief risk officer in Sydney could command ...

Midwinter scores AIA mandate

CHLOE WALKER  |  MONDAY, 21 MAR 2022
... Financial Planning advisers to the insurer as part of its broader plan to shutter the licensee. It operates under a separate AFSL to the insurer, offering financial advice to Commonwealth Bank clients.

ASIC issues warning to finfluencers

JAMIE WILLIAMSON  |  MONDAY, 21 MAR 2022
... the circumstances in which they may find themselves in trouble. ASIC recommends influencers consider whether they need an AFSL to promote financial products, are familiar with relevant regulatory guidance surrounding promotion and dealing of financial ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... also wants mechanisms introduced to ensure asset managers engage with their owners in making voting decisions, and for the AFSL requirements of proxy advisors to be expanded. It should be noted that reforms introduced by the government at the end of ...

ASIC opens CCIV licensing consultation

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
ASIC is seeking feedback on licensing rules for the Corporate Collective Investment Vehicles regime ahead of its July implementation date. The consultation includes examining the licensing application process - AFSLs wanting to apply and operate a CCIV ...

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... threshold, factoring in indexation, and introducing a financial capability measure. The association further recommends that an AFSL regulates financial products and remove the requirement to cover the provision of financial advice, while the regulation ...

Mingshi Investment Management to launch local offering

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
The Shanghai-headquartered investment manager has been handed an AFSL as it looks to roll out two local China-A shares funds for institutional and sophisticated investors. Following the opening of its Sydney office last month, Mingshi Investment Management ...

Expansion strategy boosts Sequoia results

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... Brokers, its associated business assets, and independent premium funding company. It has also secured a new general insurance AFSL which will allow SEQ General Insurance to operate in the same way Interprac Financial Planning does for risk advisers and ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... internal procedures, measures, and controls in place to monitor compliance, Aware FS also breached its obligations as an AFSL holder to act efficiently, honestly and fairly and to comply with financial services laws. In handing down his decision, Justice ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... recommendations are under consideration. The first recommendation involves ASIC commencing legal proceedings against current and former AFSL holders that allegedly breached section 917B of the Corporations Act 2001 and have not consented to participate ...