Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 244 results for "Consultation Paper"

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 ...

FSC Conference: Industry urged to prepare for Asia Passport pilot

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
... Thailand, Philippines and New Zealand. The industry is awaiting publication of submissions responding to an APEC consultation paper on the scheme. Passport rules are expected to be introduced at the end of this year ahead of a 12 month pilot scheme. ...

Super funds have clout to demand transparency

JAMES FERNYHOUGH  |  FRIDAY, 11 JUL 2014
... house outside the front door when it's up for auction." Former assistant treasurer Arthur Sinodinos put out a consultation paper on portfolio holdings disclosure in November last year. Sinodinos was stood aside before a decision was reached, and as yet ...

CFA Societies launches initiative to raise ethical standards

MARK SMITH  |  MONDAY, 12 MAY 2014
... called on the regulator to go a step further to include education and training on ethics, as proposed in its Consultation Paper last year. "This has not been part of the standards before and represents an important step forward," Serhan said. "CFA Societies ...