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Australia - June 28 2012
On 23 June 2012 the Minister for Financial Services and Superannuation, Bill Shorten, announced that the Gillard Government intends to introduce a limited Australian financial services licence (AFSL) for accountants
Australia - May 8 2012
The unlisted property fund industry is the latest recipient of ASIC’s ‘if not why not’ benchmark model of disclosure, set out in the recently updated Regulatory Guide 46 Unlisted property schemes: Improving disclosure for retail investors.
Australia - November 9 2011
ASIC has released new financial requirements for responsible entities of managed investment schemes in an effort to ensure that ‘schemes wanting to take on the responsibility of managing investors’ money are backed up by responsible entities (REs) with appropriate financial substance.’
Australia - September 7 2011
The unlisted property fund industry is the latest to receive a new range of proposals aimed at improving disclosure to retail investors.
Australia - February 3 2011
On 24 January 2011, Treasury released an options paper titled "Wholesale and Retail Clients Future of Financial Advice" (Options Paper) as a part of its Future of Financial Advice (FOFA) reforms.
