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Showing 41 - 50 of 103 results for %22ASIC Class Order%22

AMP class actions consolidated

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... had information that was required to be disclosed to the market regarding fees for no service and AMP's interactions with ASIC (including in respect of the Clayton Utz report)."

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... four years. Currently, superannuation funds with more than five members must disclose dashboards for MySuper products only. ASIC has amended Class Order CO 14/443 to defer choice super product providers' obligations until 1 July 2023. "This will ...

Will Aussie equities overcome 2019 challenges?

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
... said the future of Australia's banks was still clouded, with the potential for greater regulatory surveillance by APRA and ASIC presenting another challenge to bank stocks. "While 2019 won't be without volatility or issues to navigate, we think a 4-5% ...

Limited MDA deadline closes in

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
... warned. That requires advisers to revert to an "advice only, ROA service model" that might include SMAs, he said. On August 6, ASIC released an information paper for advisers and licensees who have been using the No-action letter or limited MDA approach ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
Custodians and responsible entities of managed investment schemes with asset holding requirements are falling short of ASIC expectations, showing generally poor levels of understanding and compliance with Regulatory Guide 133. These findings form part ...

Barclays fined following ASIC investigation

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
... As a result, the Barclays entities automatically excluded themselves from operating under the benefit of the ASIC class order licensing exemptions, though the regulator has granted the entities conditional individual relief so as to maintain the provision ...

mFund to expand product offering

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
ASIC is in the final stages of making a greater range of managed investment products available via the mFund Settlement Service. Until now retail investors could only apply for and redeem interests in simple managed investment schemes with a shorter ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... has been the subject of inquiries from both the Parliamentary Joint Committee on Corporations and Financial Services and ASIC, with ASIC's review resulting in IOOF appointing PricewaterhouseCoopers to conduct an independent review investigating the claims ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... from providing financial services after withdrawing his application to the Administrative Appeals Tribunal for a review of ASIC's decision. Mark McIvor was permanently banned from providing financial services on 2 September 2015 following an ASIC investigation ...