Search Results | Showing 1 - 10 of 57 results for "Australian Financial Services Licensees" |
| | | ... Burgess argued that, despite most of the levy being allocated to financial advisers, many Australian financial services licensees, who are AFCA members, are currently not responsible for the significant shortfall. "There is no element of the current ... |
| | | | ... cyber-attack." "ASIC has been highlighting the cybersecurity responsibilities of companies. Australian financial services licensees, in particular, hold a range of sensitive and confidential information," he said. |
| | | | ... changes." Jones said: "Financial advisers are already registered by their authorising Australian Financial Services licensees under Stage 1. Not proceeding with Stage 2 removes unnecessary red tape on individual advisers." |
| | | | ... Situations) Instrument 2024/620 and ASIC Corporations Record-Keeping Requirements for Australian Financial Services Licensees when Giving Personal Advice) Instrument 2024/508 for the purpose of extending reliefs that were due to expire in October. They ... |
| | | | ... advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when giving personal advice ; ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2021/716 ; and ... |
| | | | ... issuers to comply with the design and distribution obligations. There are currently over 60 Australian financial services licensees that offer complex, high-risk OTC derivatives to retail clients in the form of CFDs, crypto derivatives, options, and ... |
| | | | ... Justice Hespe found that all four subsidiaries contravened their overarching obligations as Australian financial services licensees to act efficiently, honestly and fairly. It was during the 2018 Hayne Royal Commission that the egregious conduct came ... |
| | | | ... inappropriate offers of securities lending arrangements to retail clients," Press said. "Australian financial services licensees may be liable for substantial civil penalties if they do not do all things necessary to ensure the financial services covered ... |
| | | | ... ASIC stated the approximate budgeted cost recovery would be $24.01 million across 2759 Australian financial services licensees. This figure is down from $25.76 million in 2020/21. Constituting a much smaller cost recovery amount of $500,000, licensees ... |
| | | | ... with the notify, investigate and remediate obligations sets out further guidance on how Australian financial services licensees can meet their obligations, set to commence on October 1. ASIC explains how advisers must notify affected clients of a reportable ... |
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