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Showing 51 - 60 of 121 results for "Undertakings"

ASIC needs to focus on prevention, not cure

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... internal accountability. "We have to admit that as an industry, we only change when we're slapped with enforceable undertakings and reforms. There are too many aspects of this industry that are a legacy of the 70s and 80s - volume-based payments, shelf-space ...

Trio Capital compensation complete

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
... services industry. Following investigations by APRA 13 people who were involved with Trio have entered into enforceable undertakings with APRA, which effectively removes these individuals from holding senior roles in the superannuation industry for a ...

Aberdeen launches $700m liquid alternatives fund

ALEX BURKE  |  TUESDAY, 1 SEP 2015
... has launched its $700 million Aberdeen Alternative Strategies Fund (AASF). By using what Aberdeen described as an "Undertakings for Collective Investment in Transferable Securities (UCITS) regulated investment structure," the AASF gives investors access ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... 2013, the watchdog has banned 17 people from providing financial advice, removed five advisers through enforceable undertakings and cancelled 18 licences. It has also accepted enforceable undertakings from six licensees requiring them to undertake major ...

Register to include qualifications, association membership

LAURA MILLAN  |  MONDAY, 1 DEC 2014
... provide information on what product areas the adviser can provide advice on; any bans, disqualifications or enforceable undertakings; and details around ownership of the financial services licensee and disclosure of the ultimate parent company where ...

SEC imposes US$4.16bn in penalties

ALEX DUNNIN  |  WEDNESDAY, 19 NOV 2014
... the SEC. In contrast to Australian regulatory actions that often don't require companies involved in Enforceable Undertakings to acknowledge guilt while they pay only small fines, the SEC stated: "Enforcement continued to focus on ensuring that its actions ...

Government clarifies adviser register funding

LAURA MILLAN  |  MONDAY, 27 OCT 2014
... to be included will be the product areas that an adviser can advise on; any bans, disqualifications or enforceable undertakings and details around ownership of the AFSL and disclosure of the ultimate parent company.

Arthur's back. Wait, no he's not

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  FRIDAY, 24 OCT 2014
... business name * what product areas the adviser can provide advice on * any bans, disqualifications or enforceable undertakings * details around ownership of the financial services licensee and disclosure of the ultimate parent company where applicabl ...

Funding for the government's adviser register unclear

LAURA MILLAN  |  FRIDAY, 24 OCT 2014
... to be included will be the product areas that an adviser can advise on; any bans, disqualifications or enforceable undertakings and details around ownership of the AFSL and disclosure of the ultimate parent company. When asked about the funding model ...

ASIC to renew focus on misleading advertising

LAURA MILLAN  |  THURSDAY, 31 JUL 2014
... figure includes criminal, civil and administrative actions, as well as negotiated outcomes, including enforceable undertakings. "Advertising is often a consumer's first contact with a financial product or financial services business, and plays a significant ...