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Showing 61 - 70 of 117 results for "Regulatory Guide"

BlackRock to combine insto and retail distribution teams

ALEX BURKE  |  MONDAY, 21 NOV 2016
BlackRock Australia has merged its institutional and retail distribution teams and made senior hires from Vanguard, FIIG Securities, Rothschild and BT Financial Group. Following the merger of the two teams, Jason Collins has taken on an expanded role ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
... terminated under new, long-awaited regulatory reforms released by ASIC yesterday. The regulator has made amendments to Regulatory Guide 179, the most significant being the removal of the regulated platform no-action letter. Providers offering MDAs under ...

Fears of increased compliance costs misguided

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... be at the core of robo-advice platforms utilised by enterprise organisations in the industry, saying that ASIC Regulatory Guide 255 acknowledges the difference between consumer-focused robo-advice and enterprise digital platforms. "Digital advice is ...

ASIC consults on robo regulation

ALEX BURKE  |  MONDAY, 21 MAR 2016
ASIC has released a draft regulatory guide and consultation paper for the robo-advice sector. The guide addresses industry concerns about and expectations for digital advice. It suggests robo-advice providers must hold an Australian financial services ...

ASIC spots PI insurance gaps

ALEX BURKE  |  TUESDAY, 15 DEC 2015
... Specifically, some of the PI insurance products reviewed did not meet the regulator's minimum requirements under Regulatory Guide 126. Carrying out this review was "important," ASIC explained, "because we do not have objective data about PI insurance ...

New super transparency rules spark controversy

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
... requirements for superannuation funds have sparked controversy among industry stakeholders. The regulator released Regulatory Guide 97 Disclosing fees and costs in PDSs and periodic statements, which includes a number of measures that will assist trustees ...

ASIC financial services enforcements down 10%

ALEX BURKE  |  THURSDAY, 6 AUG 2015
... underway at Macquarie and CBA, ASIC noted in its half-yearly enforcement report that it intends to develop a regulatory guide on remediation programs by Australian financial services licensees. "We want to ensure that if an AFS licensee needs to provide ...

Advice firm pays penalty for misleading claims

MARK SMITH  |  TUESDAY, 21 JUL 2015
... regularly review their content and consider ASIC's guidance on promoting financial products and advice services in Regulatory Guide 234 Advertising financial products and advice services including credit: Good practice guidance."

FEATURE: Adviser education

FINANCIAL STANDARD  |  MONDAY, 25 MAY 2015
... requirements at every financial services workplace. The minimum training for financial advisers is known as RG146 - a regulatory guide developed by ASIC that focuses around training on financial products rather than looking at other skills that planners ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
ASIC has announced it is developing a regulatory guide for advice remediation programs for Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably ...