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Showing 71 - 80 of 238 results for "Consultation Paper"

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
... in delivering on their mandates was not subject to consistent and independent expert reviews over time," the consultation paper clarified. "The FRAA's statutory mandate requires it to assess and report on the effectiveness and capability of ASIC and ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... retirement estimates and have greater consistency across the assumptions used are some of ASIC's proposals under Consultation Paper 351 Superannuation forecasts: Update to superannuation calculators and estimates relief. This includes having standard ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... monitoring 64 remediations that will compensate about $5.4 billion to 5.6 million consumers. The newly released Consultation paper 350 Consumer remediation: Further consultation (CP 350) sets out the draft guidance, which covers areas such as the remediation ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... good quality and affordable financial advice, the corporate regulator unveiled its findings this month under Consultation Paper 332 Promoting access to affordable advice for consumers (CP 332). The majority of the 466 respondents, who took part during ...

ASIC consults on market integrity rules

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... proposed amendments to market integrity rules that aim to reduce the regulatory burden on participants. ASIC's Consultation Paper 342 Proposed amendments to the ASIC market integrity rules and other ASIC-made rules is designed to streamline rules across ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... suitable cryptoassets for such products and ensuring good practice in terms of pricing and risk management. Consultation Paper 343 also covers listed investment companies, listed investment trusts and unlisted registered managed investment schemes. "We ...

ASIC releases ongoing fee obligations guidance

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
... 256, it has taken into account the financial advice industry's response to recent its consultations, including Consultation Paper 332 Promoting access to affordable advice for consumers (CP 332). "Industry has asked for shorter, simpler, and more user-friendly ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... basis. Treasury opened consultation on greater transparency for proxy advice reforms on 30 April 2021. The consultation paper says the use of proxy advisers by institutional investors, such as super funds, to assist on voting decisions currently lacks ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... not a debt management firm and would not be covered under the legislation. In December 2020, ASIC released a consultation paper on updating its regulatory guide in relation to consumer remediation. At the time, the regulator was monitoring over 100 remediations ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... be extended to general advice and anyone who can influence the advice process in its submissions to ASIC for Consultation Paper 333 Implementing the Royal Commission recommendations: Reference checking and information sharing.