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Showing 161 - 170 of 211 results for "Consultation Paper 212"

All advice scaled in proposed ASIC guidance

MELANIE TIMBRELL  |  FRIDAY, 10 AUG 2012
All advice is considered scaled to some extent, according to ASIC's consultation paper released yesterday on key elements of the FOFA reform package. The proposed guidance on scaled advice and best interests duty indicates the two categories of scaled ...

ASIC raises bar on OTC derivatives

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
Issuers of OTC derivatives, including CFDs and margin foreign exchange derivatives, will have to meet new financial requirements just released by ASIC. The Australian Securities & Investments Commission (ASIC) yesterday announced an increase in minimum ...

AFA releases draft code of conduct

BEN COLLINS  |  THURSDAY, 19 JUL 2012
The Association of Financial Advisers has released a member consultation paper outlining their draft professional adviser code of conduct. The draft was released with a view to it being finalised before the Australian Securities & Investments Commission ...

Fix churn with watch list: AFA

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
The Association of Financial Advisers (AFA) said churn should be handled by insurers sharing information to create an industry watch list that would identify advisers participating in the practice. The AFA proposal is in response to recent Financial ...

UK to ban platform payments

ALEX DUNNIN  |  THURSDAY, 28 JUN 2012
Payments to platforms from service providers are set to be banned in the UK by the Financial Services Authority (FSA), triggering reactions that the reforms would shift $30 million in costs directly onto consumers. The proposals are contained in a discussion ...

Research houses to step up transparency

BEN COLLINS  |  MONDAY, 14 MAY 2012
There have been calls for more transparency and accountability in response to ASIC's consultation paper on the regulation of research report providers and research houses. Released in November last year, Consultation Paper 171, 'Strengthening the regulation ...

Market solutions favoured in OTC derivative reform

MELANIE TIMBRELL  |  FRIDAY, 20 APR 2012
The Council of Financial Regulators has recommended a preference for market-led solutions, in part driven by appropriate regulatory incentives to comply with a G20 commitment on OTC derivatives. The Government released the consultation paper yesterday ...

ASIC steps back from social media hard-line

MELANIE TIMBRELL  |  MONDAY, 27 FEB 2012
The new advertising guidelines from the Australian Securities & Investments Commission take a step back from the original consultation paper, which outlined an expectation that online advertisements and social media posts should be self-contained. Policy ...

ASIC releases hedge funds guidance

ELISE BURGESS  |  THURSDAY, 23 FEB 2012
ASIC has released new disclosure benchmarks and principles for hedge funds in its consultation draft regulatory guidance with the intent to improve investor risk awareness. Consultation Paper 174 Hedge Funds: Improving disclosure - Further Consultation ...

Research houses in regulatory spotlight

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
ASIC has put down proposals to completely separate research houses from their business units to ensure conflicts of interest are properly managed. The consultation paper was developed over concerns about the independence and quality of research reports. ...