licence

Financial planning

ASIC has cancelled the Australian financial services licence of Sydney-based Brava Capital, which was charged last October for allegedly failing to lodge financial accoun...

Financial planning

Cessation of licensees outpacing new entrants

Almost one-in-two licensees are handing it back within five years and active advice is likely the only viable business model, according to Encore Advisory Group....

Policy & Regulation

ASIC cancels Financial Circle’s licence

The Australian Securities and Investments Commission has cancelled the Australian financial services licence and credit licence of Financial Circle....

Financial planning

ASIC overviews licensing registration

ASIC has published a report with its approach and assessment of licence applications and professional registrations for the period July, 2016 to June, 2017....

Financial planning

ASIC updates Morgans’ licence conditions

ASIC and Morgans Financial Limited have agreed for an independent compliance consultant to monitor and review Morgan’s implementation of recommended compliance measures....

Funds management

Wholesale service provider AFSL cancelled

The Australian Securities and Investments Commission has cancelled the Australian financial services license of wholesale service provider, TMK Index Limited....