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Showing 1 - 5 of 5 results for "No Action Letter"

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
... the way for the release of innovative new product lines for advisers that were held back due to the unclear 'no action letter' framework." "In addition, growth prospects now look stronger for individually managed accounts (IMAs). This speaks to the benefits ...

Report outlines impact of MDA operation reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... forward. The expected amendment that is likely to have the greatest impact on the industry is the removal of a No Action Letter, which some advisers have used as a foundation for running discretionary portfolios on regulated platforms via a Limited MDA ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
... addressing areas that have derailed the sector's growth. Among a list of issues, ASIC proposed to remove the No Action letter relating to discretionary management on platforms and also to remove reporting duplication where portfolios are managed through ...

Managed accounts set for an overhaul

LAURA MILLAN  |  MONDAY, 11 MAR 2013
... most detailed review that ASIC has undertaken since 2004. Among a list of issues, ASIC proposed to remove the No Action letter relating to discretionary management on platforms and also to remove reporting duplication where portfolios are managed through ...
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