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

Search Results

Showing 1 - 10 of 19 results for "Australian Financial Services Licences"

More advisers go self-licensed to avoid associative risks

MATTHEW WAI  |  THURSDAY, 28 MAY 2026
... Euvrard highlighted the industry is currently undergoing a "fundamental shift", with some 67 Australian financial services licences (AFSLs) were granted over the past six months. This was a level that was never seen before, he said, further accentuating ...

ASIC launches new AFSL portal

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... digital portal for licensing which includes the ability to apply for, maintain and vary Australian financial services licences (AFSL). The new AFSL portal was launched on August 12 for a limited, invitation-only group. All AFS licensees and applicants ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... for ASIC confirmed to FS Sustainability that Bloomberg and MSCI do not hold any relevant Australian Financial Services Licences. But the market regulator issued a warning. "ASIC is actively considering the conduct and obligations of third-party service ...

ASIC provides licensing update

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
ASIC has released its annual report on the number of Australian financial services licences (AFSLs) and Australian credit licences (ACLs) applied for and approved - revealing an increase in applications. The regulator revealed that between July 2020 ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership. Victorian-based financial services provider and mortgage ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... practice for super funds to disclose voting activities. Proxy advisers are required to hold Australian financial services licences for advice they provide to investors. But Treasury is apparently concerned that they may be advising on issues they don't ...

False information undermining ASIC integrity

KERRIE SYDEE  |  THURSDAY, 8 DEC 2016
... apply for a limited licence," the report justified. Close to 40% of applicants for limited Australian financial services licences left their applications to the last month of the 36-month transition to apply, resulting in significant delays of the assessment ...

ASIC probe reveals 185 more CBA compo cases

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
... 185 cases. The report was required under the additional conditions imposed by ASIC on the Australian financial services licences (AFSL) of Commonwealth Financial Planning (CFP) and Financial Wisdom (FW) in August 2014. The report found that as a result ...

Limited AFSLs like "part-time surgeons"

ALEX BURKE  |  THURSDAY, 14 JAN 2016
Accountants with limited Australian financial services licences are like "part-time surgeons," according to John Birt, principal of advice M&A broker Radar Results. Birt branded limited AFS licenses "dangerous" and argued that in order for accountants ...

Advisers should beware industry "frenemies"

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
... insurance products, industry funds providing internal advice to members, accountants with Australian Financial Services Licences and "robo-advice" providers (at the lower end of the market) - are getting better at segmenting their client-bases around ...
PAGE:
1
PREVIOUS
NEXT