ASIC Focus on Compliance Culture – External Audit Service offering

Background on ASIC focus on compliance culture ASIC’s focus on the compliance culture within organisations continues with ASIC’s Media release on Affected consumers to be compensated as ASIC accepts EU from ACE Insurance being the latest example of how ASIC is taking...

AAMI Penalised for Misleading Car Insurance Advertising

AAMI Penalised for Misleading Car Insurance Advertising ASIC has issued two infringement notices ($10,200 each)  for false or misleading advertisements promoting AAMI car insurance.  This is an example of why extreme care needs to be taken in utilizing any form of...

Update on ASIC Authorised Representative Register

Update on ASIC Authorised Representative Register Executive Summary ASIC is making changes to the ASIC register of Authorised Representatives that will take effect from 3 March 2015 and will affect all Australian Financial Services licensees. The changes will affect...