All posts tagged "credit licensees"
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163Australia & NZASIC Issues Final Guidance on Breach Reporting Obligations
Licensees should have in place clear, well-understood and documented processes for identifying, recording, assessing, escalating and reporting breaches.
September 8, 2021 -
151Australia & NZ
ASIC to Adopt ‘Reasonable Approach’ to Financial Sector Reforms
ASIC will take a 'reasonable approach' to technical or inadvertent breaches, in recognition that six new reforms taking effect in October will present challenges to firms.
August 13, 2021 -
167Australia & NZ
ASIC Publishes Reference Checking Protocol & Guidance
The protocol and guidance will help financial advisers and mortgage brokers comply with new reference checking and information sharing obligations.
July 23, 2021 -
147Australia & NZAustralia Consults on Compensation Scheme of Last Resort
The CSLR will establish an industry-funded compensation mechanism for individuals who have won decisions against insolvent financial firms.
July 21, 2021 -
201Australia & NZ
ASIC Seeks Feedback on New Breach Reporting Guidance
The draft regulatory guide provides clarification on what constitutes a reportable situation under the upcoming breach reporting reforms.
April 23, 2021 -
456Australia & NZ
ASIC Drafts Reference Checking Protocol for Advisers, Mortgage Brokers
The Royal Commission recommended that reference checks be required for individuals seeking to be employed or authorised as a financial adviser or mortgage broker.
November 19, 2020
