ASIC consults on reforms to regulation of the debenture sector

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ASIC has put forward a number of proposals to strengthen the regulation of the debenture sector, including introducing minimum capital and liquidity requirements. Key points: Debenture sector in the spotlight

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SMSF auditor register is here

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ASIC’s registration of self-managed super fund (SMSF) auditors started 31 January 2013. Auditors doing SMSF audits can apply for registration online. The new register is part of the Australian Government’s

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ASIC fee disclosure guidance pragmatic but needs work

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The Financial Planning Association (FPA) Chief Executive Officer Mark Rantall has welcomed ASIC’s release of its regulatory guide to the implementation of fee disclosure statements, noting the common sense approach adopted

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ASIC releases guidance on FOFA fee disclosure

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ASIC has released guidance for Australian financial services (AFS) licensees and their representatives on how to comply with the fee disclosure statement (FDS) requirements under the Future of Financial Advice (FOFA)

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ASIC encourages good disclosure from defined benefit fund trustees

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ASIC is encouraging trustees of defined benefit superannuation funds to make timely and appropriate disclosures to members in the wake of poor returns caused by the global financial crisis (GFC).

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ASIC releases key FOFA guidance

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ASIC has released final guidance for two aspects of the Future of Financial Advice (FOFA) reforms – the best interests duty and scaled advice. The regulatory guides have been produced after

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ASIC focuses on ad disclosure requirements for super trustees

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ASIC has written to superannuation trustees reminding them about disclosure requirements associated with advertising for superannuation products. The types of issues ASIC has seen in advertising that may lead to

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Lonsec welcomes ASIC’s updated policy guidance

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Research house Lonsec believes the release of ASIC’s updated Regulatory Guide 79 Research report providers: Improving the quality of investment research will further support efforts to ‘raise the bar’ on

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ASIC releases guidance to improve the quality and reliability of investment research

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ASIC has released updated policy guidance to improve the quality and reliability of research reports. Regulatory Guide 79 Research report providers: Improving the quality of investment research (RG 79) has

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ASIC extends shorter PDS regime relief

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ASIC has extended interim class order relief from the shorter PDS regime for multi-funds, superannuation platforms and hedge funds. Class Order [CO 12/1592] extends the relief in Class Order [CO

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