Compliance Articles

Showing 31 to 40 of 55 articles:
Assured Support
ASSURED SUPPORT  |  MONDAY, 4 APR 2022
From an advice perspective, how long can you rely on a Statement of Advice (SOA) to support your ongoing advice? To put it another way, how old and dated must an SOA be before you will stop using Records of Advice (ROAs) to streamline your advice pr ... Read more
Sean Graham
SEAN GRAHAM  |  FRIDAY, 26 NOV 2021
Advisers and licensees have had a lot of regulatory reform to manage in 2021, so it is no surprise that there is still a measure of confusion and uncertainty around these new arrangements. Queries about fee disclosure statements (FDSs) and ongoing fee ... Read more
Varun Bhatia
VARUN BHATIA  |  THURSDAY, 30 SEP 2021
With the implementation date of the internal dispute resolution changes imminent, many advisers and licensees will have commenced updating internal complaints procedures to comply with the Australian Securities and Investments Commission's (ASIC's) ... Read more
Sean Graham
SEAN GRAHAM  |  THURSDAY, 23 SEP 2021
Considering the deluge of regulatory reform bearing down on licensees and advisers, it is not surprising that the product design and distribution obligations have largely been overlooked. Read more
David Court
DAVID COURT  |  THURSDAY, 2 SEP 2021
The responsible manager (RM) of a licensee plays a key role under the financial services and credit licensing regimes. Read more
James Campbell
JAMES CAMPBELL , ALEXANDRA MCCAUGHAN  |  FRIDAY, 27 AUG 2021
In June 2021, consultation closed on the Australian Securities and Investments Commission's (ASIC) draft regulatory guidance [Regulatory Guide 78 Breach reporting by AFS licensees and credit licensees attached to Consultation Paper 340 Breach reporting ... Read more
Josephine Maiorana
JOSEPHINE MAIORANA  |  THURSDAY, 19 AUG 2021
The pace of regulatory change here and overseas shows no sign of abating. Europe's new Sustainable Finance Disclosure Regulation (SFDR) is likely to impact the local market. Read more
Sean Graham
SEAN GRAHAM  |  THURSDAY, 8 JUL 2021
For a variety of reasons, including client preferences, the 'cost of compliance' and perceptions of value, there is an increasing focus on general advice. For some a sanctuary from the Financial Adviser Standards and Ethics Authority (FASEA), increasing ... Read more
Karren Vergara
KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The corporate regulator justified the staggering 160% jump in the adviser levy, from the time it was introduced in 2017-18, as a consequence of advisers abandoning the industry. Read more
Samantha Hills
SAMANTHA HILLS  |  WEDNESDAY, 16 JUN 2021
Many responsible managers (RMs) of Australian financial services (AFS) licensees are curious to know what they have to do and whether they are personally exposed. To get a handle on these issues, you need to understand the framework in which RMs exi ... Read more