Search Results | Showing 31 - 40 of 111 results for "AFS licensees" |
| | | ... 2012. It added a compliance manager in January of this year, followed by a risk and compliance manager in April. "AFS licensees are responsible for ensuring their representatives comply with financial services laws. ASIC expects licensees to have adequate ... |
| | | | ... for financial advisers. The corporate watchdog detailed several changes to Regulatory Guide 78 Breach reporting by AFS licensees and credit licensees, following consultation from the likes of super funds, financial advisers, banks and insurance firms ... |
| | | | ... how Binance classified retail and wholesale clients. ASIC chair Joe Longo said it is "critically important that AFS licensees classify retail and wholesale clients in accordance with the law". "Retail clients trading in crypto derivatives are afforded ... |
| | | | ... financial adviser qualified for the extension)," ASIC said. "As a result of this proactive review, the relevant AFS licensees (or where necessary, ASIC) have corrected the authorisation status or cease dates of over 1300 individuals, so that the FAR ... |
| | | | ... Board are taken to be QTRPs under transitional provisions. ASIC wrote to each of these advisers and their respective AFS licensees notifying them of their QTRP status. FAR will generally display that these financial advisers can provide tax (financial) ... |
| | | | ... obligations placed on individual financial planning practitioners should be separated from the requirements that apply to AFS licensees and product providers. "The ongoing dialogue between the ALRC, the FPA and the financial services sector more broadly ... |
| | | | ... between its commencement and 30 June 2022, only 6% of licensees lodged a report. Further, most reports came from AFS licensees, not credit licensees. Overall, 74% of the reports received came from the same 23 licensees, which were typically larger; just ... |
| | | | ... entities to pay consumers a total amount of approximately $2.5 million. ASIC deputy chair Sarah Court said directors of AFS licensees must ensure that their firms comply with AFCA determinations. "This is a fundamental obligation of AFS licensees, and ... |
| | | | ... given Osborne's accomplishments in this area, he will also chair the Investment Committees of the group's AFS licensees. This extends to compliance proficiency and assisting the development of support services to self-licensed practices while ... |
| | | | ... responsible entities". ASIC said it will now accept re-lodgment of certain proof documents and acknowledged that some AFS licensees with an interest in operating CCIVs may have been recently assessed for a new or varied licence. "In light of this, we ... |
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