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Showing 41 - 50 of 57 results for "Financial Services Reform Act"

Macquarie expects strong increase in profits in its financial services group

... challenges faced by the FSG in the next year will include the implementation of the government's Financial Services Reform Act which would require greater compliance standards and more stringent reporting mechanisms at a greater cost to the industry. ...

ASIC releases FSR relief applications overview

... from licensing, conduct and disclosure provisions of the Corporations Act 2001, as amended by the Financial Services Reform Act 2001 (FSRA). "ASIC intends to issue these overviews at least twice-yearly to assist industry in understanding our approach ...

Macquarie provides solution for FSR compliance

... 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 groups and small financial advisory businesses a fast way ...

ASIC grants AMP 10 new FSR licences

... 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 they will become operational ...

ASIC approves Deakin AFS licence

... raising and maintaining the highest levels of standards and professionalism," said Mr Hills. "The Financial Services Reform ACT (FSRA) obligations and the focus on professionalism, significantly enhances the perception of advisers and the quality of ...

FPA calls for full disclosure on Risk Products

... in a majority report says risk products should be carved out from the disclosure regime under the Financial Services Reform Act. FPA Chief Executive, Ken Breakspear, said today it was imperative for the integrity of the financial services industry to ...

Federal, State and Territory governments to deal with property hustlers

... licensing and disclosure provisions that apply to all other investment advisers now captured by the Financial Services Reform Act," he said. "That remains our position and although the parties may have different points of view we have resolved to work ...

Government to call for national approach to property hustlers

... common regulatory remedy, but it clearly remains their primary responsibility." He said the 2002 Financial Services Reform Act, which introduced a uniform licensing, conduct and disclosure regime for providers of financial services such as stockbrokers ...

ASIC clarifies conduct and disclosure obligations for financial planners

... financial advisers. The new obligations are part of the amendments to the Corporations Act made by the Financial Services Reform Act 2002 (FSR) that came into effect on March 11 2002. "The new obligations are designed to ensure that investors are given ...

ASIC to crackdown on 'get-rich-quick' schemes

... to ensure schemes are properly policed, even though real estate are not under the umbrella of the Financial Services Reform Act (FSRA). Kell said there has been widespread concern among financial planners that such high risk real estate ventures do not ...