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

Search Results

Showing 2591 - 2600 of 3529 results for "compliance"

Perth broker gets 3 year ban for falsifying documents

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... As a result of its investigation, ASIC required the entity through which Schmelzkopf operated to engage an external compliance consultant to undertake reviews of the licensee's and its representatives' compliance with the credit legislation and to make ...

Accountants push for debate on FoFA changes

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
... and the accountability to make it happen," Conway said. "It is vital to understand the ramifications that regulatory compliance has on business, particularly small business, before they are just simply imposed."

Labor and Libs joust over small business super contributions

JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
... clearing house arrangements for small business through the ATO will cut red tape for small business and will increase compliance with employer superannuation contributions," Cormann said, adding: "Under the Coalition's proposal, small businesses will ...

Coalition confirms plans for FoFA amendments

LAURA MILLAN  |  TUESDAY, 9 JUL 2013
... the ban on commissions on risk insurance inside superannuation. "The Coalition will amend the legislation to reduce compliance costs for small business financial advisers and consumers who access financial advice," it says. The document states that "some ...

ASIC increases NTA requirements for custodians

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... licensees, the regulations will apply from today. For existing licensees, there will be a one-year transition period and compliance will be required from 1 July 2014.

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... and has seen his role as licensee of Queensland-based Business & Estate Planning Specialists transition to a focus on compliance rather than advice. "Compliance obligations were taking me away from running a specialist insurance and estate planning practice," ...

Platforms to explain choice of investment products

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... adequate resources to conduct their financial services businesses and that they have appropriate corporate structures and compliance arrangements. They will also need to have additional policies like voting policies and policies when consumers do not ...

New Treasurer Bowen takes control of financial services and super

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... world champions". In particular, he criticised the Future of Financial Advice (FoFA) reforms, saying they "increased compliance costs for financial services and superannuation by a staggering $1.5 billion." Cormann committed the Coalition to "progressing ...

Two new MySuper approvals bring total to 43

MARK SMITH  |  THURSDAY, 27 JUN 2013
... option - currently the default product - compliant with MySuper. NSF's product will be known as NFS MySuper. "We see compliance with regulatory reform as part of our ongoing improvements for the Fund. Stronger Super will make a positive difference in ...

Suncorp forced to improve compliance after ASIC review

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
The Suncorp Group has been forced to make changes to its compliance process after a review by the Australian Securities and Investments Committee (ASIC) over breaches that affected more than 849,000 customers. The breaches that Suncorp reported to ASIC ...