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Obligations

Friday 23 July 2021




Obligations

 
This week the securities regulator released
protocols for the information sharing for financial advisers and mortgage brokers as well as assistance for these industries to comply with these protocols. 

In an official statement the Australian Securities and Investments Commission (ASIC) said, “The reforms will promote better information sharing about the performance history of financial advisers and mortgage brokers—focusing on compliance, conduct and risk management.”

According to the regulator said that updates have been made to ASIC guidance have been reflected in e new requirements.