ASX Updates

ASX Amendments to Appendix 4C and Appendix 5B – Quarterly Cash Flow Reports are now effective Just a quick update that, following on from ASX consultation regarding the proposed changes to Appendix 4C and 5B Quarterly Cash Flow Reports, ASX has confirmed that these changes are now effective. The details of the changes were outlined … More ASX Updates

What do mystery shopping and digital advice have in common? ASIC

Digital advice: ASIC provides guidance on AFSL compliance One of the biggest innovations in recent years within the Financial Services industry is the introduction of digital or ‘Robo’ advice – that is, the provision of automated financial product advice using algorithms and technology without the direct involvement of a human adviser. In response to queries … More What do mystery shopping and digital advice have in common? ASIC

Our top ten tips on how to keep your AML/CTF Program in shape: part two

This is the final commentary in our series on common issues identified during the completion of external AML/CTF independent reviews. In this blog, James Cozens, Director, Commercial, and Brooke Benson, Senior Consultant at CompliSpace, build upon the key issues typically identified during the completion of external independent reviews and comment on some common issues identified … More Our top ten tips on how to keep your AML/CTF Program in shape: part two

Our top ten tips to keep your AML/CTF Program in shape: part one

This is a series on common issues identified during the completion of external AML/CTF independent reviews. In this series, James Cozens, Director, Commercial, and Brooke Benson, Senior Consultant at CompliSpace, will build upon the key issues typically identified during the completion of external independent reviews and commentary on common issues identified by AUSTRAC. As part of our … More Our top ten tips to keep your AML/CTF Program in shape: part one

It’s AML/CTF Independent Review Time

This is the first article in a three part series on common issues identified during the completion of external AML/CTF independent reviews.  In this series, James Cozens, Director, Commercial, and Brooke Benson, Senior Consultant at CompliSpace, will build upon the key issues typically identified during the completion of external independent reviews, as well as commentary … More It’s AML/CTF Independent Review Time

ASIC’s strategic outlook for 2016-17: culture is key

In this blog: ASIC’s strategic outlook for 2016-17: culture is key Financial Reporting – ASIC Sets 7 Focus Areas CompliSpace upcoming Sydney Workshop: 31 August   ASIC’s strategic outlook for 2016-17 ASIC has released an outline of its key regulatory priorities for 2016-17. These are: Cyber resilience and technology disruption; Firm culture and conduct; and … More ASIC’s strategic outlook for 2016-17: culture is key

ASIC focuses on Responsible Entity Risk Management again, along with Wholesale Fund Managers, IDPS and MDA Operators

Consultation Paper 263 In March 2013 ASIC published Consultation Paper 204 (CP 204) and draft Regulatory Guide seeking feedback on new proposals which would introduce more targeted requirements for the risk management systems of responsible entities (REs) not regulated by the Australian Prudential Regulation Authority (APRA). The proposals outlined in CP 204 were not implemented … More ASIC focuses on Responsible Entity Risk Management again, along with Wholesale Fund Managers, IDPS and MDA Operators