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Showing 171 - 180 of 211 results for "Consultation Paper 212"

ASIC releases equity market structure paper

ELISE BURGESS  |  MONDAY, 24 OCT 2011
Submissions are now being received for ASIC's second-phase consultation paper on equity market structure issues assessing the latest developments in Australia's financial markets. Looking at proposed market integrity rules for a variety of products ...

ASIC tightens advice advertising

ELISE BURGESS  |  TUESDAY, 30 AUG 2011
Financial services industry faces tighter restrictions as ASIC releases a consultation paper and draft regulatory guide containing best practice guidance for the advertising of financial products and advice. Greg Medcraft, ASIC chairman, told media ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
The government will release a public consultation paper on defining the term 'financial planner' by law, obliging advisers to prove their credentials before offering services to clients. The Treasury has drawn praise from industry bodies for announcing ...

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
Financial advisers and self-managed super fund trustees can have their say on the excess contributions cap reprieve after Assistant Treasurer Bill Shorten released a consultation paper yesterday. Under the contributions cap, super fund members under ...

ASIC looks to reshape retail advice

ELISE BURGESS  |  FRIDAY, 29 JUL 2011
Client preference for scalable advice rather than a holistic approach has lead the Australian Securities and Investments Commission to propose a replacement regulatory guide. ASIC proposes that its Regulatory Guide 200 (RG 200) be replaced with a new ...

ASFA: carbon tax implications on super rebates

ELISE BURGESS  |  MONDAY, 18 JUL 2011
The Government's raising of low income earners tax-free threshold as part of the carbon tax has super association support, but questions have been raised in a consultation paper from the Association of Superannuation Funds of Australia (ASFA) In line ...

Govt to refund super tax for 3.5 million

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
The Government will refund the 15 per cent superannuation contribution tax from 1 July 2012 for 3.5 million Australians who earn less than $37,000, assistant treasurer and minister for financial services and superannuation, Bill Shorten, announced today. ...

ASIC draft moves FEX closer to reality

ELISE BURGESS  |  FRIDAY, 13 MAY 2011
Australian Securities and Investments Commission has released a new draft paper, further cementing the Financial and Energy Exchange (FEX) bid for a licence and the possibility of another ASX competitor. The FEX is an unlisted Australian public company ...

ASIC moves to protect OTC retail investors

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
The Australian Securities & Investments Commission (ASIC) is stepping up its scrutiny on issuers of over the counter (OTC) derivatives, in order to safeguard the investments of a rising retail client base. ASIC has released a consultation paper seeking ...