ASIC marks five years of listed market supervision

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ASIC has marked five years since it took over responsibility for the supervision of real-time trading on Australia’s licensed securities and derivatives markets from the Australian Securities Exchange on 1

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04 Aug 2015

ASIC moves to recover costs of its investigations

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ASIC will now use its power to recover expenses and costs of its investigations. ASIC’s new approach and the factors it will consider before using its power has been detailed

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30 Jul 2015

New digital disclosure measures to enhance consumer understanding and cut red tape

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ASIC is making it easier for businesses to communicate important information to financial services consumers. ASIC has released new guidance and waivers to further facilitate businesses providing disclosures through digital

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29 Jul 2015

ASIC releases guidance on SMSF advice

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ASIC has released two information sheets to improve the quality of advice provided by advisers on self-managed superannuation funds (SMSFs). The information sheets are Information Sheet 205 Advice on self-managed

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24 Jul 2015

ASIC welcomes industry’s work on Indigenous superannuation

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ASIC welcomes the superannuation industry’s commitment to supporting Indigenous Australians with its inaugural Indigenous Superannuation Summit, held in Melbourne earlier this month. At the summit, the ASIC’s Indigenous Outreach Program

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01 Jul 2015

ASIC enhances Financial Advisers Register

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ASIC has now launched the second stage of the Financial Advisers Register (FAR) which now includes information about advisers’ qualifications, training and memberships of professional bodies. The register, which has

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03 Jun 2015

New Women’s Money Toolkit helps Australian women plan and manage their financial future

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ASIC yesterday launched a ‘Women’s Money Toolkit’, a free online resource designed to help Australian women manage their finances, make money decisions at key life stages and enhance their financial wellbeing.

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26 May 2015

ASIC to give guidance on review and remediation in the financial advice industry

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ASIC will develop a regulatory guide on review and remediation programs conducted by Australian financial services licensees that provide financial advice. Over the last few years ASIC has negotiated a

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07 May 2015

ASIC increasing use of behavioural economics across its regulatory business

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ASIC yesterday released two reports of behavioural economics (BE) research experiments conducted as part of its push to better understand market and consumer behaviour. The behavioural experiments conducted by the Queensland

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19 Mar 2015

ASIC takes action on deficient advice on complex structured investment products

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ASIC concerns about financial advice relating to complex products has led to 10 licensees undertaking corrective action. ASIC released a report in December 2013 which looked at advice provided by

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25 Feb 2015