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|Search Results||Showing 1 - 10 of 100+ results for "AFS"|
|... regulator's relief application decisions in the six month period between October 2019 and March 2020, ASIC report 664 reveals most AFS licensing relief applications were approved as COVID-19 began to impact the financial services industry. The regulator ...|
|... $1571 per adviser, a 38% increase on the previous year. The corporate watchdog is looking to recoup $40.17 million from 3051 AFS licensees with 22,652 advisers. While ASIC states that the indicative levies for 2019-20 are an estimate, the FPA said a ...|
|... licence and to conduct their business lawfully," ASIC said. "Under the Corporations Act 2001, ASIC may suspend or cancel an AFS licence if the licensee fails to meet their obligations." Meanwhile, Australian Golden Securities licence was previously suspended ...|
|... found that Squareknot did not meet the base level financial requirements of its licence. "Under the Corporations Act, an AFS licensee must comply with the conditions of its licence. ASIC may suspend or cancel an AFS licence if a licensee does not comply ...|
|... cancelled the AFSL because Tailormade was in liquidation. "Under the Corporations Act 2001 , ASIC may suspend or cancel an AFS licence if the licensee is under administration and is being wound up," the regulator said. "As part of the cancellation, Tailormade ...|
|... Australia to face criminal prosecution for breaching client money provisions, which are designed to protect the interests of AFS licensee clients by ensuring that client money is kept separate from licensee money," ASIC said in a statement. PSAL pled ...|
|... has cancelled the AFSL of Olive Financial Markets following concerns that it had not complied with its obligations as an AFS licensee and that it was likely to contravene its obligations in the future. Olive Financial applied to the Australian Appeals ...|
|... Administrative Appeals Tribunal reviews ASIC's decision. It comes after the corporate watchdog suspended the advisory firm's AFS licence on February 12 on the grounds that it had failed to comply with its licensee obligations. ASIC alleged MyPlanner ...|
|... firm FS Securities had its licence cancelled on March 5 after it failed to meet the "base level financial requirements" of AFS licence holders for 2017 and 2018. It also failed to lodge annual and auditor reports for 2018 and 2019. ASIC determined the ...|
|A Queensland-based financial services provider has had its AFS licence suspended, impacting close to 20 financial advisers. ASIC has suspended the AFS licence of Longhou Capital Markets for three months, expiring June 12 this year. It follows the appointment ...|
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After BetaShares' success in attracting investors to its geared, index-shorting ETFs during COVID's market decline, another player is getting ready to throw its hat in the ring.
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Australian Unity has appointed a new chief executive for its wealth and capital markets business, as it also launches a new green bond fund backed by Crestone Wealth Management.
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A Monash University lecturer has pushed the case for a GST holiday, which he argues is the most effective way to generate "maximum economic bang for the government's buck".
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First Nations Foundation (FNF) has launched an online resource to help Indigenous Australians find, manage, and grow their superannuation.
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