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Showing 51 - 60 of 79 results for "External Dispute Resolution"

Terms of reference released for complaints system review

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
... government has released the terms of reference for the independent review into the financial system's external dispute resolution and complaints framework. The independent expert panel consisting of Professor Ian Ramsay (chair), Julie Abramson and Alan ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
... received from representatives from Avamode. The firm's licence remains in place for the purpose of external dispute resolution scheme membership and client compensation purposes.

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
The federal government has announced its independent panel to review the financial services' external dispute resolution and complaints framework. The review will focus on the role, powers, governance, accountability and effectiveness of bodies active ...

Government pushes "regulatory sandbox" for fintech startups

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
... ability for sophisticated investors to participate," consumer protections "such as membership of an external dispute resolution scheme," compensation arrangements and modified conduct and disclosure obligations. "This consultation paper will seek feedback ...

Banks launch major consumer protection program today

ALEX BURKE  |  THURSDAY, 21 APR 2016
... protections will also be enhanced. Each bank will appoint an independent customer advocate, broaden external dispute resolution schemes and "evaluate the establishment of an industry wide, mandatory last resort compensation scheme covering financial ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
... to manage its internal dispute resolution system. WPL will also need to maintain membership of an external dispute resolution scheme, maintain professional indemnity insurance, maintain capital and notify all clients with an unresolved complaint about ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
... independent dispute resolution arrangements. The submission also asks that any future developments in external dispute resolution arrangements "should be based on the principle of reducing complexity for consumers in accessing timely, low cost and efficient ...

Perpetual partners The Fold to help accountants

MARK SMITH  |  TUESDAY, 7 APR 2015
... will also be in attendance as well as the Financial Ombudsman Service, who will talk to aspects of external dispute resolution.

ASIC suspends advice firm for three months

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
... the group's Australian credit licence following concerns it failed to continue to be a member of an external dispute resolution scheme.

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
... consider how ASIC should respond to such misinformation." The association asked for a review of the external dispute resolution framework and of advisers' professional indemnity insurance. It also asked the FSI to look at the Tax Agent Services Act (2009) ...