With so much regulation, growing in complexity and volume As regulations grow more complex, compliance can feel like a costly burden. But with technology, compliance management can be a growth driver, turning compliance into a competitive advantage that helps win and retain business. For compliance officers, supporting firm growth while managing rising risks like insider […]
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WHOLESALE VS SOPHISTICATED INVESTORS
Before January 2020, a retail client that passed an individual wealth test could receive a two-year certificate from their accountant that would enable them to be classed as a 708 wholesale investor.
However, in light of the Guidance Note to the FASEA Code of Ethics, a ’wholesale’ investor
Read moreComplii FinTech solutions have taken a significant step forward in the improvement of their compliance systems by fulfilling the increasingly sophisticated FASEA requirements. FASEA requirements represents not only a significant advance for Australian financial compliance, but significant opportunities for stockbrokers to ensure their compliance into the future.
WHAT ARE FASEA REQUIREMENTS?
FASEA
Read morePreparing a clear, concise and effective Statement of Advice (SOA) can be achieved by following a few simple steps. And avoiding some of the more common mistakes. Financial service providers must provide clients with a Statement of Advice with enough information to ensure they understand the personal advice given to
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