Australia

ASIC Commences Second Phase of Review of Financial Advice Industry Practice

In stage two of the Australian Securities and Investments Commission's review of the financial advice industry, ASIC intends to provide a questionnaire to 30 of the largest financial service licensees that will include specific questions on licensee business models, training of representatives,
Originally Published: 
Wednesday, December 7, 2011

ASIC Releases Proposed Good Practice Guidance on Advertising Financial Products and Advice Services

The Australian Securities and Investments Commission has issued a consultation paper to “assist promoters and publishers present advertisements that are accurate and balanced and that help investors and financial consumers make decisions that are appropriate for them”.
Originally Published: 
Tuesday, August 30, 2011

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