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Showing 121 - 130 of 340 results for %22Regulatory Guide 97%22

COBA appoints former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... ensure the code meets consumer expectations. "His insights will be invaluable for the customer owned sector as the regulatory and legal environment continues to evolve in the wake of the financial services Royal Commission," COBA chief executive Michael ...

ASIC appoints to disciplinary panel

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... feedback about proposals to change aspects of the MDP's policies and procedures, as presented in a single, shorter Regulatory Guide which will replace the two existing ASIC Regulatory Guides 216 and 225.

Adviser-matching app launches

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
... business models are not working efficiently in an environment of increasing costs, rising consumer expectations and regulatory obligations. "But it is equally clear that if technology investment doesn't align with the financial planning process and ...

FASEA clarifies adviser exam rules

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... defined minimum hours for CPD categories as follows: Technical - five hours; Client Care and Practice - five hours; Regulatory Compliance and Consumer Protection - five hours; Professionalism and Ethics - nine hours; with the balance up to 40 hours consisting ...

ASIC moves to make licensees FASEA compliant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... education requirements imposed on the responsible manager of a licensee. The regulator has proposed updates to Regulatory Guide 105 that would reflect the professional standards reforms to be dictated by the Financial Adviser Standards and Ethics Authority. ...

ASIC outlines code monitoring expectations

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... corporate regulator released guidance on the new code of ethics compliance schemes for financial advisers. The new Regulatory Guide 269 outlines the process and criteria ASIC will use in determining whether to approve a compliance scheme, as well as ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... counsel assisting Mark Costello said this blended rate is a higher premium. Costello pointed out that under ASIC regulatory guide 529, trustees cannot presume that members smoke in determining their insurance premiums. "There are low levels of smoking ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... transparent in its dealing with FOS and as a result, did not comply with FOS' terms of reference or ASIC regulatory guide 139, which explains what's expected of parties involved in a dispute resolution process. Troup explained CMLA was "misguided" ...

New tech for the new advice world

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... process. The software delivers efficiency and compliance benefits for advisers as they face a dramatically changing regulatory landscape, Advice Intelligence said. Advice Intelligence chief executive Jacqui Henderson said the software aims to transform ...

Confidence remains in face of regulatory headwinds

JAMIE WILLIAMSON  |  FRIDAY, 31 AUG 2018
... regulation as their biggest impediment. The recent introduction of Attribution Managed Investment Trusts (AMIT) and Regulatory Guide 97 (RG97) in Australia, the European Union's (EU) Markets in Financial Instruments Directive (MiFID II) and General Data ...