Article Filter

ASIC Releases Custodial and Depository Services Report

ASIC today released a report into custodial and depository services in Australia following a review of the industry, identifying a number of key risks to the safety of client assets and recommending some matters of ‘good practice’ that custodians and responsible entities may need to consider.
Originally Published: 
Thursday, July 5, 2012

RAMS Changes Advertising in Response to ASIC Concerns

RAMS Financial Group Pty Limited (RAMS) has changed the advertising for its current RAMS Saver account campaign following ASIC concerns that ads promoting the online savings account were potentially misleading or likely to mislead.
Originally Published: 
Tuesday, July 3, 2012

ASIC Updates Policy on Administrative Action Against Financial Services Providers

ASIC has today released a revised version of Regulatory Guide 98 Licensing: Administrative action against financial services providers to assist participants in the financial services industry understand when and how ASIC may take administrative action such as a banning action.
Originally Published: 
Thursday, June 28, 2012

Avant to Change Insurance Policy Advertising

Avant Insurance Limited (Avant) has changed the advertising for its Avant Practitioner Indemnity Insurance Policy, in response to ASIC concerns the ads were potentially misleading.
Originally Published: 
Wednesday, June 20, 2012

ASIC Takes Action on RESI Home Loans Advertising

Resi Mortgage Corporation Pty Ltd (RESI) has agreed to change its online home loan advertising following ASIC concerns the ads failed to adequately disclose the comparison rate on its home loans.
Originally Published: 
Tuesday, June 19, 2012

Pages