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Showing 391 - 400 of 1883 results for "Authority"

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... to lead to greater risk of poor documentation and a future increased workload for the Australian Financial Complaints Authority (AFCA)," it said. IMAP did acknowledge Levy's recognition of the "bureaucratic approach' at ASIC. "Which has resulted ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... Following necessary conditions not being satisfied, including the Woodford Matters condition and the UK Financial Conduct Authority condition, the Court declined to make orders approving the deal and dismissed proceedings. As a result, the proposed acquisition ...

Research explores advice industry's maturation

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
... imperative ingredient of professionalism, the article outlined. Meanwhile, advisers acknowledged that they hold professional authority derived from a dependent relationship, industry knowledge and trust due to complexity. According to ASIC, over the ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... recently reminded former Dixon Advisory clients to register their complaints with the Australian Financial Complaints Authority before Dixon Advisory's AFCA membership is cancelled in April 2023.

Link rejects latest Dye & Durham proposal

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... intends to evaluate alternatives for the business should it not eventuate. Recently, the UK's Financial Conduct Authority (FCA) approved Dye & Durham's takeover of Link Group. However, this was subject to a condition that Dye & Durham committed ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
The UK's Financial Conduct Authority (FCA) has approved Dye & Durham's takeover of Link Group, but the acquisition may be hindered by potential redress payments of more than $500 million over Link's involvement with the LF Woodford Equity Income Fund. ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... compensation of up to $150,000 to eligible consumers who have a determination from the Australian Financial Complaints Authority (AFCA) relating to personal financial advice, credit intermediation, securities dealing and credit provisions that remains ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... Central Bank of Ireland but is awaiting approvals from the Foreign Investment Review Board, the UK Financial Conduct Authority ("FCA") and the Luxembourg Commission de Surveillance du Secteur. The acquisition was approved by Link's shareholders last ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
The Financial Regulator Assessment Authority (FRAA) reviewed ASIC and said it's generally effective and capable but there are still some important opportunities to enhance performance. The FRAA released its report, Effectiveness and Capability Review ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... whether their conduct has resulted in adverse findings against their licensee by the Australian Financial Complaints Authority; CPD compliance; and action taken by professional associations. "It is proposed that isolated incidences of minor misconduct ...