Debt management firms need to commence an application for a credit licence as soon as possible based on upcoming rules which will be imposed by
At the beginning of 2021, ASIC commenced accepting new Australian Financial Services Licence (AFSL) applications for providers of claims handling and settling services to retail
ASIC’s commencement of proceedings against Dixon Advisory has highlighted the importance of having effective conflicts of interest management frameworks in place as an AFSL holder.
After over 18 months of silence on the issue, ASIC has released further commentary about its views on accepting clients from overseas jurisdictions to receive
ASIC has recently published its findings regarding audit quality for the financial year 2019/2020. ASIC has been critical of audit quality over a number of
With the raft of changes to the obligations of mortgage brokers as a result of Commissioner Hayne’s recommendations, it is no surprise to see increased
Mortgage brokers will be subject to a ban on conflicted remuneration from 1 January 2021. If you are a mortgage broker, mortgage intermediary or credit
Each year, most Reporting Entities are required to lodge a compliance report with AUSTRAC. It covers important aspects of AML/CTF compliance and assists AUSTRAC to
Sophie Grace recently assisted Electop Pty Ltd (“Electop”) to obtain an Australian Credit Licence (“ACL”) to provide credit assistance to consumers in Australia. The ACL application was