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

Search Results

Showing 341 - 350 of 2026 results for "Application"

MSC Trustees adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
The fund services provider has welcomed two financial services industry veterans to its board ahead of its application to obtain CCIV authority. MSC Trustees has added Ruth McClelland and Steven O'Connell as non-executive directors, effective last week. ...

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
The government's COVID-19 early release of superannuation (ERS) scheme saw the closure or near emptying of almost one million member accounts, largely held by women, single parents and the unemployed. A new analysis by the Association of Superannuation ...

Government to review adviser professional standards

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... reducing the number of questions. "I continue to support the exam as a benchmarking tool which tests the practical application of a financial adviser's knowledge, including on regulatory and legal requirements, and ethical reasoning. I remain committed ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... cancelling their registration has been made. "ASIC will determine whether to convene another sitting panel to consider your application. Various matters may be relevant to ASIC's decision whether to convene a sitting panel, such as whether there has ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
Zipmex has filed moratorium applications in Singapore, preventing creditors from making claims while it attempts to fix liquidity issues. Today the crypto exchange will hold a case conference webinar open to its creditors via zoom following its announcement ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
Flexing its powers for the first time, ASIC has issued stop orders to three companies over deficiencies in their products' target market determinations. In what marks its first use of its stop order powers under the design and distribution obligations ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... funds, this recommendation came from his lack of understanding of the value of financial advice and a tight view of the application of the Sole Purpose Test." AFA added the call for the banning of life insurance commissions is equally based upon flawed ...

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
... FinancialLink Group Pty Ltd (TFLG) at the time of the alleged misconduct. In August last year, Ruthenberg lodged an application for review of ASIC's decision with the Administrative Appeals Tribunal. Ruthenberg subsequently withdrew his application ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... have at least one sub-fund to register and the sub-fund must have one member. Further, notice must be given on the application if the company intends to be a retail or wholesale; retail companies must have a compliance plan and auditor before it can ...

BTC Markets gains ASFL

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
... Melbourne-based BTC Markets has become Australia's first crypto exchange to successfully go through the full AFSL application process, via sister company BTCM Payments. BTC Markets said the AFSL will enable it to further bridge the crypto and traditional ...