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Showing 251 - 260 of 354 results for "Australian Financial Services Licence"

ASIC cancels South Australian financial services licence

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
ASIC has cancelled the financial service license of Adelaide based firm Mark Power Financial Ltd, along with the license of its responsible manager Mark Raymund Power. The move follows concerns Mark Power Financial (MPF) didn't comply with ASIC's obligations ...

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
... versions of Regulatory Guide 166 Licensing: Financial requirements (RG 166) and Pro Forma 209 Australian financial services licence conditions (PF 209), the Australian Securities and Investments Commission (ASIC) stipulates that responsible entities ...

ASIC bans authorised representative of Romad Financial Services

CLAIRE MCGREAL  |  TUESDAY, 8 NOV 2011
... Romad Financial Services Pty Ltd (RFS) and the Responsible Manager and Key Person of RFS's Australian financial services licence (AFS) since June 2004. An ASIC investigation found he failed to comply with financial services laws over two years between ...

AAT grants stay for AFSL cancellation decision

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... Services after the Australian Securities and Investments Commission (ASIC) cancelled its Australian financial services licence (AFS licence) on October 19 for not complying with financial services laws. Romad requested AAT review ASIC's decision until ...

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... an enforceable undertaking to ASIC after the rectification of a condition breach of its Australian financial services licence. The regulator has accepted the offer. Opus Capital, a responsible entity for 14 unlisted property funds, had its licence cancelled ...

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
... overturned an Administrative Appeal Tribunal's decision against the cancellation of the Australian financial services licence held by Opus Capital Limited, responsible entity for 14 unlisted property funds. ASIC's decision to cancel Opus' licence was ...

Fraud firm masquerades as financial advisors: ASIC alert

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
... down Frontline Financial Planning's website which posted the Australian company number and Australian financial services licence number of another business as its own, it said. The fake firm should not be confused with legitimate companies that share ...

HOSTPLUS, IOOF allocate mandates

ELISE BURGESS  |  THURSDAY, 11 AUG 2011
... companies that are in the indices," said Rooney. Neuberger Berman Australia received its Australian Financial Services licence in April this year. Its parent company, Neuberger Berman, is a US-based asset management company with approximately $198 billion ...

Paragem secures new planning licensee

MATT WOODINGTON  |  MONDAY, 20 JUN 2011
... financial advisory practice PWK Private Wealth Advisers has joined the Paragem Wholesale Australian Financial Services Licence (AFSL), taking the dealer group's total assets under advice to $1.3 billion. Paragem now has 13 practices under its AFSL and ...

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
Holders of an Australian Financial Services Licence (AFSL) now face updated guidance including guides on margin lending facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission ...