Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 140 results for "Regulatory Guide"

ASIC releases RE compliance obligations

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
... maintain adequate risk management systems to avoid any adverse consequences for investors. ASIC's recently released regulatory guide - RG 259 Risk Management systems of responsible entities - provides responsible entities additional guidance in complying ...

Custodians turn attention to CIVs and MITs

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
... the implementation of the new Accounting Standard AASB 1056 for superannuation entities, and rollout of ASIC Regulatory Guide 133 for managed investments and custodial services. The year also marked a movement to T+2 days settlement to improve efficiency ...

NAB aiding RG97 compliance

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2017
... regulatory products and services, was developed in order to meet new requirements imposed via reforms to ASIC's Regulatory Guide 97. The RG97 Reporting Suite assists users by collecting and calculating fees and costs on transactions and portfolios which ...

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 ...