OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Adelaide Financial Adviser Permanently Banned for Dishonest Conduct
Adelaide financial adviser, Tai Thanh Nguyen, has been permanently banned from providing financial services after an ASIC investigation found that he had engaged in dishonest conduct. ASIC found that Mr Nguyen had dishonestly backdated advice…
ASIC Warns Coffs Harbour Locals to Watch Out…
The Australian Securities and Investments Commission (ASIC) is warning the public that super spruikers promoting illegal use of self-managed super funds (SMSFs) are operating in the Coffs Harbour area. These spruikers are not licensed to…
ASIC Advice to AFS Licensees About Upcoming Changes…
From 1 January 2019, new professional standards requirements for financial advisers will progressively replace training standards in Regulatory Guide 146 Licensing: Training of financial product advisers(RG 146). The professional standards reforms were introduced in March 2017…
Financial Adviser Professional Standards Reforms – ASIC Releases…
ASIC has released a new instrument relating to the professional standards reforms for financial advisers, as announced on 1 August 2018 (refer: 18-225MR). The instrument makes changes to the reporting dates for a number of disclosure…
ASIC Releases Guidance on Code of Ethics Compliance…
ASIC has today released guidance on its proposed approach to approving and overseeing compliance schemes for financial advisers (RG 269). The financial advice professional standards reforms include obligations for financial advisers to, from 1 January…
ASIC requires Morgan Stanley Wealth Management Australia to…
ASIC has required Morgan Stanley Wealth Management Australia Pty Ltd (MSWMA) to amend a false claim of independence that could mislead consumers and investors. The claim was made in an ASX announcement released by Praemium…
Professional Standards Reforms for Financial Advisers – ASIC…
The Australian Securities and Investments Commission (ASIC) has announced changes to reporting dates for a number of required notifications in the transition to the new financial adviser professional standards reforms. The revised schedule is intended…
CoInvestor Appoints Rob Ferguson As Chief Operating Officer
UK-based fintech company CoInvestor has announced the appointment of Rob Ferguson as its Chief Operating Officer strengthen the focus on innovation and customer service of the platform that digitizes alternative asset transactions for fund managers, investors and advisers. Rob Ferguson, who…