ASIC releases guidance for its oversight of the Australian Financial Complaints Authority (AFCA)

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Ahead of the commencement of the Australian Financial Complaints Authority (AFCA) on 1 November 2018, ASIC has released new Regulatory Guide 267 Oversight of the Australian Financial Complaints Authority (RG 267). ASIC

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ASIC reports on decisions to cut red tape – October 2017 to March 2018

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ASIC has released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for companies seeking some regulatory flexibility. The

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ASIC implements financial benchmark regulatory regime

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ASIC has finalised and published benchmarks rules, a significant benchmarks declaration, and a regulatory guide in a further series of measures towards establishing a comprehensive regulatory regime for financial benchmarks.

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ASIC warns consumers about paying high fees for credit repair and debt advice services

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ASIC is warning consumers about companies that claim they can fix a poor credit rating. ASIC is running a month-long campaign, with other Commonwealth, state and territory agencies, to help

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ASIC temporarily extends relief for managed investment and superannuation schemes for certain disclosure obligations

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ASIC has extended two ASIC instruments to allow additional time to consider the policy position in relation to certain disclosure obligations of managed investment schemes and superannuation trustees. The relevant

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ASIC consults on foreign financial services providers relief proposals

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ASIC has released a consultation paper proposing a modified licensing regime for foreign financial service providers carrying on a financial services business in Australia with wholesale clients. These foreign providers

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Major changes affecting reported net assets and profit, and other focuses for 30 June 2018 reporting

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Announcing its focus areas for 30 June 2018 financial reports of listed entities and other entities of public interest with many stakeholders, ASIC has called on companies to focus on

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ASIC gives disclosure relief during transition to AFCA

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ASIC has announced it will give financial firms, including superannuation trustees, transitional relief until 1 July 2019 to allow them time to update mandatory disclosure documents and periodic statements with

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ASIC leads super industry on outreach trip to the APY Lands

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ASIC is on the road this week, leading a group of senior executives from the superannuation industry and the Australian Government to visit South Australia’s remote Anangu Pitjantjatjara Yankunytjatjara (APY)

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APRA and ASIC release new life-claims data

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The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published new data on life insurance claims and claims related disputes for the period 1

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