ASIC reporting requirements for ACL holders
One of our most popular client services is the provision of ongoing retained compliance support to ACL holders. This involves regular file audits, monitoring of credit rep actions, provision of…
The Royal Commission and its failure to address the how & why
There were certainly some surprises within the recently-released Royal Commission report into Misconduct in the Banking, Superannuation and Financial Services. In particular, we have been surprised and disappointed by Commissioner…
ASIC reveals its view on new ‘best interests’ duty for Brokers
Speaking at last Friday’s (16/11) FBAA national industry conference, Mr Boyd Honor - ASIC Senior Manager - commented that the regulator was in favour of introducing an additional ‘best interests’…
