Page 2 - Responsible Manager News Today

Details of the sad final weeks of a lonely Scottish national who drank himself to death with $24,000 worth of booze over 300 orders have thrust alcohol delivery service Jimmy Brings into the spotlight.

Jimmy Brings were provided the womans home address, phone number and account details as she urged them never to accept further future orders.

To recap, Section 912A of the Corporations Act, which sets out the key obligations of an AFS Licensee, requires a licensee to "maintain the competence to provide [the] financial services [covered by the licence]". ASIC through Regulatory Guide 105 - Licensing: organisational competence details what attributes you need to have in order to be appointed as an Responsible Manager. These are: having direct responsibility for significant day-to-day decisions about the ongoing provision of your financ...