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

Search Results

Showing 171 - 180 of 289 results for "Australian Financial Services Licence"

ASIC suspends licence of LM Investment

LAURA MILLAN  |  WEDNESDAY, 10 APR 2013
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence (AFSL) of LM Investment Management Limited for two years following the company's voluntary administration. The AFSL suspension allows ...

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
... and Investments Commissions (ASIC) found it had failed to comply with conditions of its Australian Financial Services licence (AFSL). The Queensland-based dealer promoted a range of investment education and financial markets trading and modelling tools ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
ASIC has imposed additional conditions on the Australian financial services licence of NSW-based Lionsgate Financial Group Pty Ltd following a surveillance of its advice business. According to the regulator, Lionsgate currently has 103 authorised representatives ...

New regime for accountants: Shorten

BEN COLLINS  |  THURSDAY, 28 FEB 2013
... Regulation effectively replaces the current accountants' licensing exemption with a limited Australian financial services licence (AFSL) from 1 July 2013. It will enable accountants to provide a greater range of advice to clients than the current exemption. ...

ASIC cancel advice firm's AFS licence

LINDA HAUSKEN  |  MONDAY, 22 OCT 2012
... protection and life insurance policies. The Corporations Act allows ASIC to suspend or cancel an Australian financial services licence held by a corporate body if the body, among other things, becomes an externally-administered body corporate.

Accountants to deliver advice under new regime

LINDA HAUSKEN  |  MONDAY, 15 OCT 2012
... Financial Advice (FOFA) reforms these accountants will have to gain a 'class of product' Australian Financial Services Licence. "We believe the legislative changes will provide an opportunity for accountants to grow and diversify their business and our ...

Judgment reserved for accused Ponzi head

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
... Hobbs and the former Vanuatu company, Future Trading Corporation Ltd., none of whom held an Australian Financial Services licence, targeted Australian investors and self-managed superannuation funds. Nineteen defendants are named in the proceedings. ...

ASIC cancel Morrison Carr AFSL

LINDA HAUSKEN  |  TUESDAY, 31 JUL 2012
... application for review and a stay in the AAT in relation to the ASIC decision to cancel boththe Australian financial services licence and Australian credit licence," the regulator said. Cardakaris also has the right to seek a review in the AAT of the ...

ASIC bans unlicensed Sydney adviser

LINDA HAUSKEN  |  THURSDAY, 12 JUL 2012
... products. Broederlow was also operating a financial services business without holding an Australian financial services licence for his RNN Property company. Australian Securities & Investments Commission (ASIC) said that between August 2010 and July ...

My Adviser offers accountants licensing package

LINDA HAUSKEN  |  WEDNESDAY, 11 JUL 2012
... can provide advice on self managed superannuation funds (SMSFs) without having to hold an Australian Financial Services Licence (AFSL), but the proposed removal of the exemption under the Future of Financial Advice (FOFA) regulation will force accountants ...