Advisers will have to provide customers with suitable product options from at least three different providers for each class of insurance or takaful business being recommended.
April 29, 2022The reforms extend AFS licensing requirements to a greater range of proxy adviser activities, as well as enhance transparency of super funds' voting records.
December 23, 2021Accounting firms are asked to conduct their annual self-evaluation and reviews using a new 'evaluation index system', and submit self-assessment reports by 31 May each year.
December 16, 2021ASIC proposes to start communicating with company directors more routinely regarding findings from its audit inspections.
December 15, 2021Treasury recommends government remove the legislative requirement for authorised credit representatives to be members of AFCA.
December 6, 2021Super funds will be required to prepare and lodge financial reports for each financial year and half-year with ASIC, and make their reports publicly available.
August 18, 2021Advisers will have to provide customers with suitable product options from at least three different providers when recommending insurance or takaful products.
August 16, 2021The bill will strengthen the RBNZ’s decision-making, governance, independence and accountability, and change its funding model.
August 12, 2021In its first year, the FRAA will assess ASIC to ensure it is operating in line with expectations and supporting the economic recovery.
June 28, 2021Banks and insurers are required to put in place mechanisms to prevent the transfer of benefits to shareholders and their related parties.
June 24, 2021