Submissions
- ACI Submission: ACMA - Draft IMR Industry Standard January 2013
ACI would like to take the opportunity to thank ACMA for providing an opportunity for us to comment upon the draft Telecommunications (International Mobile Roaming) Standard 2013. To download a copy of ACI's submission click here . Read More »
- ACI Submission: ASIC CP 189
ACI would like to take the opportunity to thank the Australian Securities and Investments Commission (ASIC) for providing an opportunity for us to comment upon Consultation Paper 189: Future of Financial Advice: Conflicted remuneration (CP 189). Background ACI has sought clarification about incentives for financial planners in a submission to the Australian Securities... Read More »
- ACI Submission - ASIC FOFA: Conflicted Remuneration
31 Oct 2012 ACI would like to thank ASIC for providing an opportunity for ACI to comment upon Consultation Paper 189: Future of Financial Advice: Conflicted remuneration (CP 189). Generally, ACI supports the issuing of the Regulatory Guide and the proposed contents however have two questions or points of clarification that we seek. ... Read More »
- ACI Submission: Superannuation Legislation Amendment (Further Measures) Bill 2012
ACI would like to thank Treasury for providing an opportunity for ACI to make comment on the exposure draft of the Superannuation Legislation Amendment (Further Measures) Bill 2012. ACI made the submission on October 26th 2012. The Superannuation Legislation Amendment (Further Measures) Bill 2012 outlines planned amendments relating to the use of specific service providers; infringement notices; trustees... Read More »
- ACI Submission: New Zealand Commerce Select Committee: Financial Markets Conduct Bill.
On the 24th of April 2012, ACI made a submission to the Commerce Select Committee in response to their invitation to comment on the proposed Financial Markets Conduct Bill (the bill). Please find a copy of the ACI submission here . Read More »
- ACI Submission: Personal Liability for Corporate Fault Reform Bill 2012 (the bill)
ACI would like to thank Treasury for providing an opportunity for ACI to make comment on the Personal Liability for Corporate Fault Reform Bill 2012 (the bill). The consultation paper proposes a number of amendments to existing legislation in order to bring these Treasury portfolio Acts into line with agreed COAG Principles. Our comments as such are not... Read More »
- ACI Submission: Attorney General's Department - Anti-Corruption Plan
ACI believes that the plan put forward in the consultation paper represents a good starting point and high level overview of the institutions and legislative instruments Australia has developed to create a relatively corruption free economy. However, ACI believes that a significant amount of work is still required if a comprehensive and effective plan is to be developed that... Read More »
- ACI Submission: Agricultural and Veterinary Chemicals Legislation Amendment Bill 2011.
ACI recently provided a submission to the Department of Agriculture, Fisheries & Forestry providing comment on its proposed reforms of the Agricultural and Veterinary Chemicals Legislation Amendment Bill 2011. To obtain a copy of the submission click here . Read More »
- ACI Submission: ASIC CP 171 - Review of Regulatory Guide 79
ACI recently provided a submission in respose to ASIC's invitation for comment on Consultation paper 171: Review of Regulatory Guide 79 - Managing Conflicts of Interest: An ASIC guide for research report providers (RG 79). A copy of ACI's submission can be downloaded here . Read More »
- ACI Submission: Finance Crime Section, Attorney General's Department
14 December 2011 ACI has today made a submission to the Attorney General's Department in response to its call for comment on proposed measures to amend allowances for faciliation payments. You can download a copy of the submission here . Read More »
- ACI Submission to the Assistant Treasurer for a compliance education fund
October 27, 2011 ACI today made a submission to the Assistant Treasurer - Bill Shorten suggesting that the current discussion on fee structures and Corp Act amendments provides a great opportunity to include methods for establishing an education fund similar to the fund the ASX had established when it had market supervisory responsibilities. To download a copy... Read More »
- ACI Submission: FOFA Tranche Two
ACI has recently provided comment on the second tranche consultation for the Future of Financial Advice legislative changes. Our comments concentrated on some key areas we regard as particularly relevant to members. A copy of the ACI submission can be found here . Disclaimer: Please note that the views expressed in this submission represent... Read More »
- ACI Submission: CAMAC Managed Investments Scheme Consultation September 2011
ACI has provided a submission to the Corporations and Markets Advisory Committee in response to its discussion paper about Managed Investment Schemes, issued in June 2011. Please find a copy of ACI's submission here . Disclaimer: Please note that the views expressed in this submission represent those of the collective ACI membership. Consequently, individual... Read More »
- Establishment of an Independent Insurance Authority – Hong Kong - October 2010
Important work is currently underway in Hong Kong to establish and independent regulatory authority for insurance. Recently the Financial Services and the Treasury Bureau invited comments on the proposals they had tabled in respect to how this body would be established and how the insurance industry in Hong Kong would thereafter be regulated and by whom. A working... Read More »
- Submission: ACCC guidelines for mandatory reporting in relation to consumer goods (or product-related services) associated with death or serious injury.
8 September 2010 ACI has produced a submission on the ACCC's guidelines for mandatory reporting in relation to consumer goods (or product-related services) associated with death or serious injury. The purpose of the guide is to provide clarity around the new mandatory reporting regime that is contained within the Trade practices Amendment (Australia Consumer Law)... Read More »
- 5 August 2010 - Submission on Credit Rating Agencies
5 August 2010 ACI provided a submission based on Hong Kong's Securities and Futures Commission (SFC) comments sought for proposed regulation of Hong Kong's credit rating agencies. To see this submission in full, click here . ... Read More »
- 12 August 2010: Submission on Securities Law Reform
ACI has produced a submission to the New Zealand Ministry of Economic Development on the proposed reforms to New Zealand's Securities Legislation. This submission proposes that: Investors/consumers are treated in a equitable manner by licensed financial institutions that are regulated by securities legislation That there should be a single point of contact for the regulation... Read More »
- 27 July 2010 - Submission on Consumer Law Reform
ACI has produced a response to the Submission on Consumer Law Reform, proposed by New Zealand's Consumer protection legislation on 27 July 2010. In this submission, ACI addresses the following issues: Streamlining of regulation Introducing principle-based legislation A strong compliance profession Enforcement Trans-Tasman linkages To view this submission in... Read More »
- 1 July 2010 : ASIC Consultation Paper 136
1 July 2010 This submission was in reply to ASIC's Consultation Paper 136: Markets Disciplinary Panel. The transfer of some supervisory responsibilities from the ASX to ASIC later in this year, will involve establishing similar rules and disciplinary processes and ASIC has provided opportunities with a number of consultation papers, for participants to comment on... Read More »
- 23 June 2010: FSTB review of disclosure of price sensitive information
23 June 2010 ACI has participated in providing a response to the Hong Kong government about its decision to codify disclosure of price sensitive information of listed companies in Hong Kong. The submission provided by ACI dwelt in particular on the guidance provided in respect to the timing of the disclosure of price sensitive information. ... Read More »
- ACI Policy Position
ACI's Board yesterday approved a new policy position for ACI as a direct result of the transfer of some of the supervisory powers from ASX to ASIC. This new position seeks to ensure the market can continue to benefit and grow in sophistication , risk managemenet and regulatory compliance by returning a percentage of the proceeds from enforcement... Read More »
- ACI Submission - 12 March 2010 - NZ AML and Countering Finance of Terrorism Act 2009
12 March 2010 ACI submitted a response to the request for public comment by New Zealand's Ministry of Justice, for proposed regulations and codes of conduct for the 2009 Anti-Money Laundering and Countering Financing of Terrorism Act 2009. To access the submission, click here . Thanks must go to ACI's CEO, Martin Tolar, for submitting... Read More »
- ACI Submission - 26 Feb 2010 - ASIC Consultation Paper 128
26 February 2010 - ASIC CP 128: Handling Confidential Information This comment has been created by an ACI Working Party, and has been written in response to ASIC's proposed guidelines for the handling of confidential information. To view the document, click here . ... Read More »
- ACI Submission - 4 Feb 2010 - Customer Due Diligence and Record Keeping Requirements for Financial Institutions
4 February 2010 This comment has been created by ACI CEO, Martin Tolar, and has been written in response to the Financial Services and Treasury Bureau, Hong Kong's, proposed legislation on Customer Due Diligence and Record Keeping Requirements for financial Institutions and the Regulation of Remittance Agents and Money Changers. To view the document, click here... Read More »
- ACI Submission - Department of Climate Change Greenhouse and Energy Reporting Policy
ACI has provided a submission in response to The Department of Climate Changes's invitation for comment for Greenhouse and Energy Reporting Policy. To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 110
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 110: General conduct obligations of credit licensees. To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 112
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 112: Dispute resolution for consumer credit and margin lending. To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 109
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 109: Margin Lending: Financial Requirements. To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 108
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 108: Margin Lending: Training of Financial Advisers. To view a copy of the submission please click here . ... Read More »
- Proposals to Enhance Protection for the Investing Public
This submission was put together by a working party to provide comment to the Securities and Futures Commission, Hong Kong in response to their proposals to Enhance Protection for the Investing Public. To view the submission click here. This submission was sent to The Treasury on 24 December 2009. ... Read More »
- WhistleBlowing Submission
Naomi Burley, Randal Dennings and Jonathan Garforth were the working party for the submission of 'Improving protection for corporate whistleblowers'. To view the submission click here . This submission was sent to The Treasury on 21 December 2009 ... Read More »
- ASIC Consultation Paper 122: ACI Submission
- ASIC Consultation Paper 121: ACI Submission
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 121: Facilitating Online Financial Services Disclosures. To view a copy of the submission please click here . ... Read More »
- Guidelines on a Sound Remuneration System
ACI has provided a submission to the Hong Kong Monetary Authority on their draft Guidelines on a Sound Remuneration System. To download a copy of the submission please click here . ... Read More »
- ACI White Paper - Recognition of the Compliance Profession
ACI is pleased to provide the latest White Paper - Recognition of the Compliance Profession . Click here to download a copy of the white paper. ... Read More »
- Parliamentary Joint Committee Inquiry into Financial Products and Services in Australia
ACI has provided a submission to the Parliamentary Joint Committee conducting the Inquiry into Financial Products and Services in Australia. A copy of the submission can be located here . ... Read More »
- ACI Submission to AUSTRAC regarding Independent Reviews
A Working Party of ACI members has put together a submission to AUSTRAC in regard to the conduct of Independent Reviews of AML/CTF Part A Programs. To obtain a copy of the submission click here . Thank you again to the volunteers on this Working Party for so generously giving their time and intellectual input to... Read More »
- APRA Management of Conflicts of Interest - RSE Licensee (SPG 521)
The Australasian Compliance Institute (ACI) recently completed a submission and made comment on behalf of our members on the draft of Australian Prudential Regulatory Authority Prudential Practice Guide SPG 521 - Conflicts of Interest. (SPG 521). To download the submission click here. ... Read More »
- APVMA Cost Recovery Submission
The APVMA’s activities are funded through cost recovery, except for a minor budgetary appropriation. Most of the APVMA’s operational income is collected from registrants of pesticides and veterinary medicines. The APVMA is conducting a review of its cost recovery arrangements in accordance with the Australian Government Cost Recovery Guidelines (2005). The APVMA invited comment on the Draft Cost... Read More »
- Fair Markets - Confident Consumers ACI Submission
The Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, the Hon Chris Bowen MP, recently released an information and consultation paper entitled An Australian Consumer Law: Fair markets - Confident consumers and invited comment from interested stakeholders. On 2 October 2008 the Council of Australian Governments (COAG) agreed to a new consumer policy framework... Read More »
- ACI Submission - New Zealand Select Committee Emissions Trading Scheme Review
The New Zealand Parliament have established a Select Committee for the Review of the proposals for an Emissions Trading Scheme in New Zealand and have invited submissions for comment. Members can find the terms of reference for the Committee here and details of the request for submissions here . ACI has provided a submission to... Read More »
- Follow up submission to Senate Committee
ACI was invited by the Senate Economics Legislation Committee to submit additional material for their consideration of the proposed amendments to the Corporations Act to improve the transparency of termination payments. You can obtain a copy of ACI's submission to the Committee here . This PDF also includes the original submission to Treasury provided by ACI members.... Read More »
- ACI Submission - APRA proposed extensions to governance requirements
ACI has provided a submission in response to APRA's invitation for comment for Proposed extensions to governance requirements for APRA-regulated Institutions. To view a copy of the submission please click here . ... Read More »
- ACI Submission - APRA proposed extensions to governance requirements
ACI has provided a submission to APRA in response to the invitation for comment in regard to proposed extensions to governance requirements for APRA regulated institutions. A copy of the submission can be downloaded here . ... Read More »
- ACI Submission - APRA Draft PPG 234 - Management of IT Risk
ACI has provided a submission to APRA in response to the invitation for comment in regard to the draft Prudential Practice Guide 234 - Management of IT Risk. A copy of the submission can be downloaded here . ACI wishes to thank volunteers involved in the writing and review of this submission. ... Read More »
- ACI Submission - Treasury Corps Amendment - Improving Accountability on Termination Payments
ACI has provided a submission to Treasury in response to the invitation for comment in regard to proposed amendments to the Corporations Act to improve the accountability on Termination Payments. A copy of the submission can be downloaded here . ACI wishes to thank volunteers involved in the writing and review of this submission. ... Read More »
- ACI Submission to Treasury in regard to Tax Law Amendment for Prescribed Private Funds
ACI has today provided comment on the Exposure Draft in regard to the Tax Laws Amendment (Prescribed Private Funds) Bill 2009. To obtain a copy of ACI's submission click here . ... Read More »
- ACI Submission - Treasury - The National Consumer Protection Bill 2009
ACI has provided a submission in response to Treasury's invitation for comment in regard to the National Consumer Protection Bill 2009. To view a copy of the submission please click here . ... Read More »
- ACI Submission - Productivity Commission Consultation - Regulation of Director & Executive Remuneration in Australia
ACI has provided a submission in response to The Productivity Commission's invitation for comment in regard to the Regulation of Director & Executive Remuneration in Australia. To view a copy of the submission please click here . ... Read More »
- New Zealand Commerce Commission Draft Guidelines for Credit Fees Submission
On April 1 2009, the Commerce Commission released draft guildeines which inform creditors and consumers about the Commission's approach to enforcing the fees provisions under the Credit Constracts and Consumer Finance Act. The draft guidelines are available for download from the Commerce Commission website: www.comcom.govt.nz ACI provided a submission in regard to the draft, a... Read More »
- ACI Submission - Department of Climate Change Exposure draft of the Carbon Pollution Reduction Scheme
ACI has provided a submission in response to The Department of Climate Change's invitation for comment on the Exposure draft of the Carbon Pollution Reduction Scheme legislation. To view a copy of the submission please click here . ... Read More »
- ACI Submission - The Emissions Trading Scheme Review Committee NZ - Review of Emissions Trading Scheme
ACI has provided a submission in response to The New Zealand Emissions Trading Scheme Review Committee's invitation for comment on the Review of Emissions Trading Scheme. To view a copy of the submission please click here . Review of Emissions Trading Scheme ... Read More »
- ACI Submission - ASIC Consultation Paper 90
A Working Group of ACI members has provided a submission to ASIC in response to their invitation to comment on Consultation Paper 90: Review of the Electronic Funds Transfer Code of Conduct 2007/08. To obtain a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 102
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 102 Dispute Resolution - Review of RG 139 and RG 165 To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 101
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 101 - Superannuation Forecasts To view a copy of the submission please click here . ... Read More »
- ACI Submission - Finance & Expenditure Committee New Zealand - Proposed Changes to the Financial Advisers Bill
ACI has provided a submission in response to the Finance & Expenditure Committee New Zealand's invitation for comment for Proposed Changes to the Financial Advisers Bill. To view a copy of the submission please click here . ... Read More »
- ACI Submission - Introduction of Competition Legislation into Hong Kong
ACI has provided a submission in response to the Commerce and Economic Development Bureau, Hong Kong's invitation to comment on proposals for the Introduction of Competition Legislation into Hong Kong. To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 100
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 100 - Unlisted property schemes - improving disclosure for retail investors To view a copy of the submission please click here . ... Read More »
- ACI Submission - ASIC Consultation Paper 99
ACI has provided a submission in response to ASIC's invitation for comment for Consultation Paper 99: Mortgage schemes - improving disclosure for retail investors To view a copy of the submission please click here . ... Read More »
