Advisers are in a position to demand more stringent warranties when they are looking to buy portfolios, The Fold Legal believes....

ASIC will likely require some insurance code of practice provisions are strengthened before it approves the code, and these requirements may extend to other industry bodi...

The Australian Securities and Investments Commission has said that claims that it causes serious delays in “stringently reviewing” responsible manager appointments are “p...

The Australian Securities and Investments Commission is causing headaches for Australian Financial Services licensees by approving responsible managers despite there bein...

Both the Royal Commission final report and FASEA’s reforms could intensify changes already underway to how financial planning businesses are bought and sold....

With ASIC having recently stopped a number of retail initial coin offerings and token generation events, The Fold Legal finds that tokens don’t always fit neatly into the...

The Fold Legal has warned that transitioning to the Australian Financial Complaints Authority will involve “much work” for Australian Financial Services Licensees....

It would be foolhardy for non-bank advice firms to think that they are not the next focus of the regulator, according to the Fold Legal....

Financial services players are amongst those who have been urged to exhibit caution when offering referral incentives. ...

The Fold Legal has proposed that the definition of control under the Corporations Act be restricted, despite an Australian Securities and Investments Commission taskforce...

Limited licensees have been at a disadvantage compared to full licensees ever since the accountants’ limited licence regime was introduced....

The proposed changes to strengthen ASIC’s licensing powers could destroy the value of an investment when there has been no misconduct....

Unlicensed accountants are being asked to ‘please explain’ by ASIC as they may be in breach of financial services laws, a law firm said....

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