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| | | ... other AFSL applicants will continue using the existing eBusiness licensee portal to apply for, maintain, and vary their licence. "ASIC is using the pilot as an opportunity to take on board any feedback to make continuous improvements to the AFSL application ... |
| | | | BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ... |
| | | | ... the CFMEU, and its national executive supposedly banning any donations," Bragg said. Last week, APRA imposed additional licence conditions on Cbus, mandating that an independent expert review their expenditure practices to assess whether they've ... |
| | | | ... accounts and contributed to the client money shortfalls on BBY's liquidation on 22 June 2015. ASIC has cancelled BBY's AFS licence in June 2021. Yuen is automatically disqualified from managing corporations for five years from conviction and will not ... |
| | | | In a first for ASIC, Libertas Financial Planning's AFS Licence (AFSL) has been revoked for its failure to pay compensation as ordered by the Compensation Scheme of Last Resort (CSLR). Libertas, which went into liquidation in September 2023, failed ... |
| | | | ... announcement. It will pay a fully franked dividend of 39.3 cents, up 30% from last year. In July, APRA imposed additional licence conditions on Fiducian Portfolio Services Limited (FPSL), the trustee of Fiducian Superannuation Service, which has nearly ... |
| | | | ... August, Fidelity International entered into an agreement to use and develop Bravura's Sonata software, paying a one-off licence fee of £29 million. Bravura currently provides wealth management technology and related services to Fidelity subsidiaries. ... |
| | | | APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ... |
| | | | ... Licensees (AFSLs) and their professional indemnity insurers (PII) that fail to pay a determination will potentially see their licence revoked if the Compensation Scheme of Last Resort (CSLR) has to intervene. CSLR chief executive David Berry warned financial ... |
| | | | ... business, was also dealt a blow with the corporate regulator's decision to cancel United Global Capital's (UGC's) AFS licence. UGC's AFS licence was revoked following a damning ASIC investigation which revealed that the firm's authorised representatives ... |
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