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Showing 71 - 80 of 338 results for %22Regulatory Guide 97%22

ASIC consults on anti-hawking rules

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
The corporate regulator has opened consultation for the proposed ban to hawking of financial products. Anti-hawking reforms are slated for an October 5 start. They are a part of the government's response to the Hayne Royal Commission, which said hawking ...

ASIC spells out IDR reporting

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... including for the reporting of IDR data. Last July, the new IDR standards and requirements were published in Regulatory Guide 271 Internal dispute resolution (RG 271) and come into effect on October 5. Under it, efficient complaints handling became an ...

ASIC releases ongoing fee obligations guidance

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
... for shorter, simpler, and more user-friendly regulatory guidance from ASIC. As a result, INFO 256 will replace Regulatory Guide 245 Fee disclosure statements, which will be withdrawn," ASIC said. Senator Jane Hume announced last week that advisers will ...

Fidelity hires sustainability director

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... research unit on proprietary sustainability ratings. Wilson-Otto will also help expand the firm's sustainability-related regulatory program. He reports to Jenn-Hui Tan, the global head of stewardship and sustainable Investing. "Gabriel will play an important ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... that they deem to be material. APRA has developed CPG 229 in response to requests from industry for greater clarity of regulatory expectations and examples of better industry practice. Better practice consists of five pillars - identifying and measuring ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... 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 that could see $3.55 ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... Rest on their behalf. According to Federal Court documents, this representation was made in writing in the Rest Members Guide used between October 2014 and February 2017. It also alleges Rest made representations that members needed a declaration from ...

Iress to deliver DDO solution

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... Kingdom and Europe through the MiFID II legislation," Blomfield said. The solution comes after ASIC released its regulatory guide on DDO in December following consultation and engagement with the industry.

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... account the rationale for the transaction, including where it is in response to guidelines or directions from other regulatory bodies. However, any such directions do not override competition law considerations." Sims said the current concern around ...