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Showing 931 - 940 of 940 results for "AFSL"

ASIC grants AFSL exemption to financial counselling agencies

The Australian Securities and Investments Commission (ASIC) has announced it has granted conditional relief from the Australian Financial Services (AFS) licensing requirements to financial counselling agencies that provide financial product advice. ...

Macquarie provides solution for FSR compliance

... advisory businesses that require a $20,000 Performance Bond in order to apply for a new Australian Financial Services Licence (AFSL) for compliance with the Financial Services Reform Act (FSRA). The Bank said its Macquarie Performance Bond gives dealer ...

Colonial First State receives financial services licence

Large Australian fund managers have begun to receive their new Australian Financial Services Licences (AFSL), with Colonial First State Investments Limited among the first recipients. "It is a credit to our enthusiastic and committed staff that we have ...

ASIC accepts enforceable undertakings from two Lifetrack directors

... Smith and Rich have agreed not to act as a director or officer of a company holding an Australian Financial Services Licence (AFSL) for 10 years, or of a listed investment company for five years. Additionally, they have undertaken not to hold, or apply ...

ASIC releases class order exemption relating to AFSL requirements

... (ASIC) has released a class order exemption relating to the requirement to hold an Australian financial services licence (AFSL) for the provision or giving of financial product advice in certain documents. The class order relief exempts a person from ...

ASIC obtains undertakings following Federal Court proceedings

... through investment in property. However, Mr Kaye, NII and Novasource do not hold an Australian Financial Services Licence (AFSL) to give financial product advice, as required by ASIC. Following Court-ordered mediation in front of a District Registrar ...

APRA licensing process "easier" than AFSL: Littrell

... find it "easier" than the Australian Securities and Investments Commission's (ASIC) Australian Financial Services Licence (AFSL). "It is difficult to compare our process to ASIC's AFSL work, but my impression is that super funds with good risk management ...

Funds split over need to apply for an AFS licence

Superannuation funds are apparently split on the issue of applying for an Australian Financial Services Licence (AFSL), according to a survey conducted by Towers Perrin of 17 of Australia's largest funds representing over $34 billion in assets and 450,000 ...

ASIC launches upgrade of eLicensing system

... Australian Financial Services (AFS) licensing kit for anyone wishing to apply for an Australian financial services license (AFSL) before the end of the two-year transition period on March 10 2004. "Version 3 takes into consideration the widening of eligibility ...

ASIC obtains permanent orders against investment directors

... unregistered managed investment schemes, and the offering of financial services without an Australian Financial Services Licence (AFSL). "This action has been taken by ASIC to protect the interests of investors and to ensure that schemes which are being ...