ASIC acknowledges royal assent of the Treasury Laws Amendments (Delivering Better Financial Outcomes and Other Measures) Act 2024 (DBFO Act). Royal assent of the DBFO Act marks an important step in advancing reforms to financial advice regulation as part of the Commonwealth Government’s response to recommendations 7, 8, 10, 13.1–13.5 and 13.7–13.9 of the Quality …
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability Regime (FAR). The FAR already applies to the banking industry, and takes effect for the insurance and superannuation industries from 15 March 2025. …
ASIC and APRA issue final rules and information for the Financial Accountability Regime Read More »
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