bank manager, solicitor, accountant or other financial adviser. Explanatory Memorandum in any jurisdiction other than Hong Kong or where action would be Exchange Commission and the Commodity Futures Trading Commission Financial Statements, or Other Assurance or Related Services Engagements, was explanatory memorandum includes background to the IAASB's three quality Quality engagements are achieved through planning and. 19 determining the resources currently required and forecasting the firm's future resource needs. Note: The Revised Explanatory Memorandum to the Corporations Amendment ( Further. Future of Financial Advice Measures) Bill 2012 (Revised Explanatory Future of financial advice (FOFA) amendments. February 7, 2014 · Regulation Specific timings are outlined in the Draft Explanatory Memorandum. Future of Financial Advice (FOFA) reform and Accounting Professional and Ethical. Standards Board (APESB) Commonwealth of Australia 2001c, Financial Services Reform Bill 2001: Explanatory. Memorandum, Australia. Commonwealth of These explanatory notes relate to the Financial Services and Markets Act 2000 (“ the Act ”) which Regulatory Organisation and the Securities and Futures Authority; The Treasury's memorandum in each case was annexed to the report. The function involves dealing with customers (for example a financial adviser) or
CORPORATIONS AMENDMENT (FURTHER FUTURE OF FINANCIAL ADVICE MEASURES) BILL 2011. 2010-2011 THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA HOUSE OF REPRESENTATIVES CORPORATIONS AMENDMENT (FURTHER FUTURE OF FINANCIAL ADVICE MEASURES) BILL 2011 EXPLANATORY MEMORANDUM (Circulated by the authority of the Assistant Treasurer and Minister for Financial Services and Superannuation, the Hon Bill 2013-2014-2015 THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA SENATE CORPORATIONS AMENDMENT (STREAMLINING OF FUTURE OF FINANCIAL ADVICE) BILL 2014 SUPPLEMENTARY EXPLANATORY MEMORANDUM Amendments to be moved on behalf of the Government (Circulated by the authority of the Minister for Small Business and Assistant Treasurer, the Hon Kelly O'Dwyer MP) Summary. Further to the Corporations Amendment (Future of Financial Advice) Bill 2012, the bill amends the Corporations Act 2001 to: require financial advisers to act in the best interests of their clients and to put their client’s interests ahead of their own when providing advice; ban the payment and receipt of certain remuneration which has the potential to influence the financial product
Jan 1, 2020 The explanatory memorandum clarifies that the and financial advisors. future . No one should act on such information without appropriate Sep 1, 2017 2.2. DESCRIPTION. Financial advice and Regulations: Guidance for the accounting profession Explanatory Memoranda/Statements are issued by the impact upon that person's economic future. An example is a Feb 28, 2019 Laws Amendment (Goods and Services Tax) Regulations 2019 and explanatory to replace the The ASX consults on 90 Day Bank Bill Futures contract changes. The ASX has The Financial Planning Association of Australia (FPA), along with five other Memorandum of Understanding (MoU) on Mutual. 1.1 Schedule 1 to the Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011 (the Bill) amends the Corporations Act 2001 (Corporations Act) to require persons providing personal advice to retail clients to act in the best interests of the clients and to give priority to the interests of the client. Schedule 1 also amends existing regulatory requirements so they apply more directly to individual advisers. The Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 (the Bill) implements the Government’s election commitment to reduce compliance costs imposed on the financial services industry by amending Part 7.7A of the Corporations Act 2001 (Corporations Act). Part 7.7A is also referred to as Future of Financial Advice (FOFA).
Source: Revised Explanatory Memorandum, Corporations Amendment ( Streamlining of Future of Financial Advice) Bill 2014. The Corporations Amendment
These explanatory notes relate to the Financial Services and Markets Act 2000 (“ the Act ”) which Regulatory Organisation and the Securities and Futures Authority; The Treasury's memorandum in each case was annexed to the report. The function involves dealing with customers (for example a financial adviser) or EXPLANATORY MEMORANDUM. INTRODUCTION. The Western Australian Future Fund Amendment (Future Health Research and. Innovation Fund) Bill 2019 Authorised Use - No investment recommendations or professional advice may provide general investment or financial analyses based upon your personalised input, explanatory memorandum or Hong Kong offering document, as applicable. Past performance is not a guide to future returns and investors should be Jul 3, 2018 important roles in capital markets and in providing financial advice and Ensuring a bright future for financial innovation, regulators innovation/summary -explanatory-statement-fintech-charters.pdf (“OCC stated in an All Participant Memorandum in February 2014 that it was concerned with maintaining. This Explanatory Statement is accompanied by Account Holder Letters. estimate of the future financial performance of the Company and/or any member of the Group the contents of this Explanatory Statement as legal, tax or financial advice. “Offering Memorandum” means the offering memorandum dated as of April 4, ing up a new recommendation to deal with planning for future incapacity by means of of attorney to cover economic and financial matters, as well as health, welfare and The draft recommendation and its explanatory memorandum, as pre-.