Other Measures

Recommendation 1.11 – A national farm debt mediation scheme The Government is working with states and territories through the Agriculture Ministers’ Forum (AGMIN) to progress work on the establishment of a national farm debt mediation scheme Recommendation 1.5 – Regulating Read More …

2.8 — Reporting compliance concerns

All AFSL holders should be required, as a condition of their licence, to report ‘serious compliance concerns’ about individual financial advisers to ASIC on a quarterly basis. Government Response The Government agrees to mandate reporting of ‘serious compliance concerns’ about Read More …

2.7 — Reference checking and information sharing

All AFSL holders should be required, as a condition of their licence, to give effect to reference checking and information‑sharing protocols for financial advisers, to the same effect as now provided by the ABA in its ‘Financial Advice — Recruitment Read More …