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Showing 41 - 50 of 52 results for "Australian Financial Services Licensees"

ASIC surveillance sharpens focus on AFS licensees

MATT WOODINGTON  |  TUESDAY, 13 SEP 2011
... account. ASIC has released a report based on information obtained from the 20 largest Australian financial services licensees in 2010, to help recognise key policy and regulatory issues. "The analysis of the information gathered has informed ASIC's Risk-Based ...

ASIC moves to protect OTC retail investors

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
... by issuers and a staged implementation process. "Currently, under the Corporations Act, Australian financial services licensees dealing in OTC derivatives are legally allowed to use client funds to hedge positions," said Andrew Merry, managing director ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
... Further Westpoint proceedings are going ahead in relation to directors, auditors and three Australian financial services licensees. ASIC hopes to resolve these claims during 2010-11. The Westpoint group of companies collapsed in 2006 owing $388 million ...

Advisers to boost political clout

RUTH LIEW  |  MONDAY, 8 MAR 2010
... Association of Australia said it has two forums for its 600 principal members, who are Australian financial services licensees: the Small Principals' Forum, chaired by Brad Butler CFP, and the Medium to Large Principal Forum. In response to the AFA LLF ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
... include risk products, rebates and related payments that are product directed payments to Australian Financial Services Licensees. Helmich also said the financial planning division continues to work closely with fund managers on their product disclosure ...

FPA board approves move away from commissions

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
... include risk products, rebates and related payments that are product directed payments to Australian Financial Services Licensees. At the same time, the FPA said it encourages the industry, product providers and planners to implement a transparent and ...

FPA to provide PI insurance to members

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
... effective professional indemnity insurance is not just a legislative requirement for all Australian Financial Services Licensees, it is an integral part of our members' capacity to deliver professional financial advice to clients," said Bloch. According ...

Regulators fight breaches online

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
... reportable breaches across all institutions in APRA-regulated industries and all ASIC-regulated Australian financial services licensees.

ASIC revises regulations for AFS license holders

CHRIS NICHOLLS  |  TUESDAY, 26 JUN 2007
... conditions. The changes come into effect immediately. ASIC has also withdrawn three guides for Australian financial services licensees in light of the clarifications above.

ASIC issues guidance on general advice warning and SOAs

... of Advice (SOA) and released a proposal to reduce the repetition of advice warning for Australian financial services licensees and their representatives. The SOA example and consultation paper on general advice warning were part of the projects for the ...