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

Search Results

Showing 341 - 350 of 357 results for "Australian Financial Services Licence"

Macquarie provides solution for FSR compliance

... advisory businesses that require a $20,000 Performance Bond in order to apply for a new Australian Financial Services Licence (AFSL) for compliance with the Financial Services Reform Act (FSRA). The Bank said its Macquarie Performance Bond gives dealer ...

Local Authorities Super to be renamed Vision Super

... 1998, over 300 new companies have joined. Vision Super was one of the first funds to gain an Australian Financial Services Licence and is in the process of launching its new financial planning service. "Approved Trustee status is under consideration ...

Ex-Challenger executives launch in retail space

... Director), Hugh Latimer, Simon Lindsay, Richard Matthews and Sandy Morgan have received a draft Australian Financial Services Licence to operate retail managed investment schemes under their own Responsible Entity. "Our philosophy is to innovate, package ...

Advisors in Australia must hold license: ASIC

... to anyone operating a financial services business from Australia that they must hold an Australian Financial Services Licence and comply with all the legal obligations of a licencee, even when the services are provided to persons outside of Australia' ...

ASIC grants AMP 10 new FSR licences

Australian Securities and Investment Commission (ASIC) has issued AMP with 10 Australian Financial Services Licences under the Financial Services Reform Act, the financial services group has announced. AMP applied for the 10 licences in August and said ...

ASIC details licensing exemptions for foreign service providers

... to provide their services to wholesale clients in Australia, without first obtaining an Australian Financial Services licence, if the overseas regulation of the provider is sufficiently equivalent to our own". ASIC said licensing relief would be subject ...

Colonial First State receives financial services licence

Large Australian fund managers have begun to receive their new Australian Financial Services Licences (AFSL), with Colonial First State Investments Limited among the first recipients. "It is a credit to our enthusiastic and committed staff that we have ...

ASIC accepts enforceable undertakings from two Lifetrack directors

... Messrs Smith and Rich have agreed not to act as a director or officer of a company holding an Australian Financial Services Licence (AFSL) for 10 years, or of a listed investment company for five years. Additionally, they have undertaken not to hold ...

ASIC releases class order exemption relating to AFSL requirements

... Commission (ASIC) has released a class order exemption relating to the requirement to hold an Australian financial services licence (AFSL) for the provision or giving of financial product advice in certain documents. The class order relief exempts a ...

ASIC obtains undertakings following Federal Court proceedings

... wealth through investment in property. However, Mr Kaye, NII and Novasource do not hold an Australian Financial Services Licence (AFSL) to give financial product advice, as required by ASIC. Following Court-ordered mediation in front of a District Registrar ...