ASIC

Financial planning

The corporate watchdog has cancelled the AFSLs of Capstone Capital and Rebate Financial Services....

Editorial

The recent Australian Securities and Investments Commission report on how large financial institutions oversee their advisers has served as a sobering reminder of the cha...

Editorial

The Australian Securities and Investments Commission review of Mortgage Broker Remuneration is reminiscent of the findings which gave rise to the Future of Financial Advi...

Features

Advisers might be keeping pace with technology, but are they on top of the regulation that goes with it? Hope William-Smith finds out....

Life/Risk

ASIC has once again called for the exemption removal of insurance claims handling from the Corporations Law after CommInsure was cleared of any wrongdoing as per the law....

Financial planning

ASIC has accepted an enforceable undertaking from former Macquarie Equities adviser, Anthony Wilson after finding he failed to comply with financial services law....

Financial planning

ASIC has accepted enforceable undertaking from three Barclays’ foreign financial services providers....

Life/Risk

ASIC has called for various improvements in CommInsure’s claims handling process in its report on its investigation into the firm....

Financial planning

ASIC has provided updated guidance on FOFA, best interest duty, and record keeping obligations for licensees and authorised representatives in its RG175....

Financial planning

ASIC has permanently banned a former Anne Street Partners Queensland financial planner from providing financial services for dishonest conduct....

Financial planning

ASIC has cancelled the AFSL of liquidated firm, Aquaint Capital, the responsible entity for Aquaint Income Fund....

Financial planning

Breach reporting standards by the Big Four banks and AMP have been found wanting with an ASIC report finding institutions were failing to report adviser breaches on time....

Financial planning

ASIC has commenced proceedings against Wealth and Risk Management (WRM), and related companies Yes FP and Jeca....

Policy & Regulation

The Australian Securities and Investments Commission’s review of the mortgage broking industry suggests it is facing its own FOFA moment, particularly where commissions a...

Life/Risk

The corporate regulator would soon request life insurers to provide them with claims outcome data as part of their 2017 life insurance industry review, Peter Kell said....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 4 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

2 weeks 3 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 weeks 2 days ago

The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets....

3 weeks 3 days ago