All posts tagged "financial advisers"
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514Market InfrastructureMAS to Expand Scope of Mandatory Reference Check Regime
MAS proposes to expand the scope of FIs and employees subject to the mandatory reference checking regime. FIs will have to maintain records for all employees.
May 17, 2021 -
88Australia & NZASIC Bans Former ANZ Representative For Eight Years
The representative falsely witnessed binding nomination of beneficiary forms for 17 clients, backdated documents, and falsified a client’s signature.
May 11, 2021 -
195Australia & NZAustralia Considers Making CDR Data More Portable
Under draft rules, accredited businesses would be able to share CDR data with their agents, or sponsor other parties to become accredited.
May 6, 2021 -
128Australia & NZASIC Finds Client Detriment in Review of IOOF Licensees
In a statement, IOOF said that the advice file reviews highlighted by ASIC were already part of its existing remediation programmes of work.
May 3, 2021 -
71Australia & NZ
Australia: Treasury to Merge Quality of Advice, Life Insurance Reviews
Rather than conducting two separate reviews, the quality of advice review will also consider the Life Insurance Framework as part of its wider mandate.
May 1, 2021 -
141Australia & NZASIC 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 -
97Australia & NZFMA Warns Fund Managers Not to Mislead Investors
The FMA has directed fund managers not to advertise performance which only includes the recovery after March 2020.
April 23, 2021 -
127Australia & NZFSC Australia Proposes Removal of Financial Advice Red Tape
There are significant opportunities to reduce the cost and complexity of providing financial advice, the FSC says in new paper.
April 22, 2021 -
136Australia & NZStrategy Launched to Help New Zealanders Understand Money
The strategy includes a three-year plan to enable the financial sector to work together to help the public learn how to make good decisions around money.
April 22, 2021 -
135Australia & NZAustralia Issues Draft Bill on Financial Advice Reforms
The bill will expand the role of ASIC's Financial Services and Credit Panel so that it operates as the single disciplinary body for financial advisers.
April 21, 2021
