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Showing 51 - 60 of 142 results for "Regulatory Guide"

ASIC releases weekly regulatory tracker

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
ASIC has launched a new weekly regulatory tracker to assist users during the COVID-19 pandemic. The tracker lists and includes links to all new and updated regulatory guides, information sheets, reports and consultation papers issued by ASIC and published ...

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
... trusts and public sector super funds, so long as they have over $10 million. Additionally, the updated regime - Regulatory Guide 176 - will see the installation of a new licensing regime for foreign entities operating in Australia who provide services ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... suite of new requirements set to apply from late-2020. The corporate regulator released an updated version of Regulatory Guide 97 Disclosing Fees and Costs in PDSs and Periodic Statements (RG97) on Friday, which simplifies how fees and costs are presented ...

Ban unsolicited life insurance sales: Poll

KARREN VERGARA  |  MONDAY, 29 JUL 2019
... non-complying insurers or distributors. Consultation is open until August 29. ASIC also intends to review guidance in Regulatory Guide 38 The hawking provisions later this year. This week's spot poll asks if you support the increases to the Superannuation ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... term deposits, believing they were receiving the higher rate. Consultation is open until August 7 with the final regulatory guide expected in September. ASIC is seeking to understand the impact such powers will have on the cost of compliance and the ...

Consumers don't understand fee disclosure: ISA

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... warns Industry Super Australia. Industry Super Australia (ISA) has provided input on the proposed changes to Regulatory Guide 97, saying the proposals don't go far enough to address the complexity of fee disclosure. The group is worried consumers still ...

ASIC appoints to disciplinary panel

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... feedback about proposals to change aspects of the MDP's policies and procedures, as presented in a single, shorter Regulatory Guide which will replace the two existing ASIC Regulatory Guides 216 and 225.

ASIC moves to make licensees FASEA compliant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... education requirements imposed on the responsible manager of a licensee. The regulator has proposed updates to Regulatory Guide 105 that would reflect the professional standards reforms to be dictated by the Financial Adviser Standards and Ethics Authority. ...

ASIC outlines code monitoring expectations

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... corporate regulator released guidance on the new code of ethics compliance schemes for financial advisers. The new Regulatory Guide 269 outlines the process and criteria ASIC will use in determining whether to approve a compliance scheme, as well as ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... counsel assisting Mark Costello said this blended rate is a higher premium. Costello pointed out that under ASIC regulatory guide 529, trustees cannot presume that members smoke in determining their insurance premiums. "There are low levels of smoking ...