ASIC seeks stakeholder feedback

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ASIC is seeking feedback from external stakeholders as part of its third stakeholder survey. “ASIC strives to be engaged with stakeholders so this survey is crucial for us. The information

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ASIC consults on managed discretionary accounts

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ASIC has announced it is reviewing its guidance and regulation of managed discretionary accounts (MDAs). Consultation Paper 200 Managed discretionary accounts: Updates to RG 179 (CP 200) outlines proposed changes to

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AFA Cautious on ASIC’s Conflicted Remuneration Guidelines

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The Association of Financial Advisers (AFA) is cautious about the implications of Regulatory Guidance on Conflicted Remuneration as issued by ASIC late on Monday night, particularly when viewed in the

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ASIC’s MoneySmart releases new reverse mortgage calculator

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ASIC has launched a new reverse mortgage calculator on its MoneySmart website. Robert Drake, ASIC’s Senior Executive – Financial Literacy said, ‘The calculator is a great tool if you or

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ASIC releases guidance on conflicted remuneration ban

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ASIC has finalised guidance to help industry understand the practical operation of the ban on conflicted remuneration and how ASIC will administer it. The ban on conflicted remuneration is part

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ASIC releases guidance on code approval under FOFA

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ASIC will now consider applications for approval of Future of Financial Advice (FOFA) codes following the release of guidance. The guidance, in the form of an update to Regulatory Guide

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ASIC publishes fifth market supervision report

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ASIC has published its fifth report on the supervision of Australian financial markets and market participants. Report 327 ASIC supervision of markets and participants: July to December 2012 (REP 327) shows

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ASIC digital activities help primary students get cash savvy

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Australian students will learn more about money with the help of digital educational activities released by ASIC this month. ASIC’s digital activities will help teachers use the latest technology to

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ASIC breaches: when to hold and when to fold

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Working with ASIC after a breach may be a better, quicker way for financial services business to get back on track than ‘lawyering up’, according to Dr Hillary Ray, Senior

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Stronger Super implementation

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With key parts of Stronger Super now law, ASIC today published information for industry to help them understand the reforms. The information is provided in responses to questions ASIC has

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