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Showing 181 - 190 of 198 results for "AFS license"

ASIC takes SMSF site offline

HAMISH MADDEN  |  WEDNESDAY, 20 DEC 2006
... (ASIC). Online Super Legal agreed to shut down its website after ASIC raised concerns it was operating without an AFS license. The content was removed on 15 December. An investigation by ASIC also revealed the site was previously operated by Online Super ...

Stringent orders for winding up of Sovereign fund

HAMISH MADDEN  |  THURSDAY, 14 DEC 2006
... Sovereign was not an appropriate entity to wind up the fund due to ASIC having commenced action to have Sovereign's AFS license revoked or suspended due to breaches of general compliance obligations. The court ordered that Sovereign be allowed to wind ...

ASIC bans Tweed but can't stop off-market traps

HAMISH MADDEN  |  FRIDAY, 3 NOV 2006
... unsolicited offers to investors. Making an unsolicited offer to purchase shares on one's own behalf does not require an AFS license," said Jennifer O'Donnell, ASIC's executive director of compliance. ASIC has regularly issued warnings about Tweed's activities. ...

Henry Financial Group joins Genesys

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
Financial Planning Association (FPA) director Leonie Henry's advice business, the Henry Financial Group, has joined the Genesys Wealth Advisers network. Brisbane based Henry Financial Group has been in business for 20 years but Leonie Henry said moving ...

Scam targets ethnic community

HAMISH MADDEN  |  FRIDAY, 25 AUG 2006
... several precautionary steps before investing in a scheme. First, search ASIC's website to see if the operator holds an AFS license and whether the scheme itself is registered. Check the list of illegal investments at www.fido.gov.au to ensure the scheme ...

Directors banned over unregistered schemes

... breached the Corporations Act in running unregistered managed investments schemes, conducting business without an AFS license and offering securities without a disclosure document. However, the Court also noted that neither Dr Acker or Polanski had a ...

Count licensees sign on for DMS

KATE HAGE  |  FRIDAY, 5 MAY 2006
Count Financial Limited (Count) AFS licensed employees will now use a program put out by Dealer Management System (DMS), which is designed to integrate software planning tools together with business management requirements. Count's senior executive ...

AFS licensees behind the eight ball with account lodgement

Almost 15 per cent of Australian financial services (AFS) licensees are overdue with lodging their 2004 annual accounts and auditor reports with the Australian Securities and Investments Commission (ASIC). The 618 licensees with overdue accounts were ...

New guidelines on conflicts for AFS applicants

The Australian Securities and Investments Commission (ASIC) has incorporated the most recent legislative changes relating to conflicts of interest into its licensing regime with updates to its licensing guides. The conflicts management obligations are ...

AFS licensees given notice on MDA authorisations

Australian financial services (AFS) licensees were reminded on Thursday applications for managed discretionary account (MDA) authorisations needed to be in no later than 10 December 2004. The Australian Securities and Investments Commission (ASIC) said ...