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Rainmaker Information has revealed the Australian Financial Services Licensees (AFSLs) that experienced the largest growth in 2022. Ord Minnett, Count Financial and Industry Fund Services topped the
As the Australian Law Reform Commission has considered consolidating the licensing regimes for credit and financial services, the broker body has warned it would likely add complexity. The Australia
The bill will allow courts to be empowered to approve or vary the method for distributing claim proceeds to non-members of the scheme.
Corporate watchdog cancels 2 AFSLs Corporate watchdog cancels 2 AFSLs ASIC has cancelled the licences of two financial services providers for not complying with their obligations to the financial services ombudsman. A A In a statement, the regulator said it had cancelled the AFSL of self-licensed adviser Robert Starky of Stanwell Tops, NSW on 29 April. ASIC said it had cancelled Mr Starky’s licence after he failed to pay an AFCA determination against him, resulting in the cancellation of his membership to the ombudsman. Mr Starky had also failed to lodge his 2020 financial accounts, ASIC ...
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