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Showing 141 - 150 of 237 results for "Consultation Paper"

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
... funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted with industry" regarding the proposals in the paper, and released Report ...

ASIC funding model needs "meat on the bones"

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
... needs "more meat on the bones," the Governance Institute said. The organisation said that the government's consultation paper 'Proposed Industry Funding Model for the Australian Securities and Investments Commission' lacks detail about how the model ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... "extreme fees and levies being imposed on financial planning businesses." To illustrate, he pointed to the consultation paper estimating that small financial advice practices would pay over $6,000 annually in addition to the proposed $11,000 Australian ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... financial services industry." The ABA urged caution in adopting the model, shortly after the government released a consultation paper seeking stakeholder views. This consultation is part of the government's consideration of the Financial System Inquiry ...

Treasury starts consultation for higher advice standards

STAFF WRITER  |  FRIDAY, 27 MAR 2015
Treasury has released a consultation paper and is calling for submissions on ways to lift the professional standards of financial advisers. "Financial advisers play a very important role in Australia, helping consumers to plan for their retirement ...

Government seeks further Asia Funds Passport consultation

MARK SMITH  |  MONDAY, 2 MAR 2015
The government has released a consultation paper on the rules and operational arrangement for the Asia Region Funds Passport. The paper has been prepared by the Asia Region Funds Passport Working Group which includes Australia, Korea, New Zealand, the ...

ASFA supports ASIC electronic disclosure consultation

ALEX BURKE  |  THURSDAY, 22 JAN 2015
The Association of Super Funds Australia (ASFA) has expressed its support for the ideas discussed in ASIC Consultation Paper 224 - Facilitating electronic financial services disclosures. It argued that ASIC facilitating electronic disclosure will assist ...

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
... 223 substantially updates and expands upon APRA's existing fraud risk guidance." Illustrating this, the APRA consultation paper notes, "Under SPS 220, an RSE licensee is responsible for ensuring that its risk management framework covers all material ...

Treasury proposes tax relief for merging super funds

JAMES FERNYHOUGH  |  FRIDAY, 26 SEP 2014
... merging super funds after years of pressure from the superannuation industry. This week Treasury has released a consultation paper recommending concrete amendments to the current rules. Treasury said the measure would "clarify that a tax integrity rule ...

Forget about national advice exam, focus on training: CPA

LAURA MILLAN  |  THURSDAY, 11 SEP 2014
A national examination for financial advisers would fail to address the current deficiencies and, instead, CPA Australia and Chartered Accountants ANZ say the focus should be on adviser training and establishing a comprehensive curriculum. A single ...