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Road map - financial services



Other topics | About the road map

Topic
  • Financial products
    - Credit
    - Deposit products
    - Derivatives
    - General insurance
    - Life products
    - Managed investments schemes and securities
    - Non-cash payment facilities
    - Securities
    - Superannuation and retirements savings accounts
    - Warrants
  • Type of financial service
    - Giving advice (general and personal advice)
    - Dealing
    - Operating a scheme
    - Custodial and deposit services
    - Making a market
  • Client status
    - Wholesale services
    - Retail services
    - Client property
  • Gettting a financial services licence
    - Do you need a licence?
    - Applying for a licence
    - Varying a licence
  • Ongoing licensee obligations
    - Authorised representatives
    - Breach reporting
    - Client accounts
    - Compensation arrangements
    - Dispute resolution
    - Financial reporting and audit
    - Financial requirements
    - Financial services guide
    - Managing conflicts of interest
    - Organisational competence
    - Adviser training
  • Financial services disclosure
    - Financial services guide
    - Statements of advice
    - General advice warning
    - Secondary services
  • Product disclosure
    - Annual reports
    - Application forms
    - Cooling off
    - Derivatives

    - Dispute resolution

    - Dollar disclosure
    - Environmental social and ethical factors
    - Fees and remuneration
    - Market announcements
    - Multi-issuer
    - Periodic statement
    - Product disclosure statement
    - On-sales
    - Significant events reporting
    - Stop orders
    - Warrants
  • Advertising and hawking
    - Advertising
    - Hawking
  • Ceasing to be a licensee or authorised representative
    - Cancelling or suspending a licence
    - Banning and disqualification
  • Consumer protection, including ASIC Act
    - Consumer education and protection
    - Debt collection
  • Credit
    - Equity release products
    - Mortgage brokers
  • Financial service providers
    - Accountants and actuaries
    - Authorised deposit-taking institution
    - Custodians
    - Factoring
    - Financial advisers/planners
    - Financial counselling agencies
    - Foreign exchange dealers
    - Foreign financial service providers
    - General insurers
    - IDPS and IDPS-like
    - Insurance brokers and distributors
    - Life insurance
    - Law societies
    - Mortagage brokers
    - Prime brokerage services
    - Ratings agencies
    - Scheme operators
    - Securities dealers
    - Self-dealers
    - Stockbrokers
    - Superannuation trustees and administrators
    - Valuers


Financial products
Credit
Deposit products
RG 40ASIC’s guide to good transaction fee disclosure for bank, building society and credit union deposit and payments products (transaction accounts)
CO 05/681Transitional relief for deposit product providers - PDSs and periodic statements
CO 03/1048Mortgage offset accounts
Derivatives
CO 06/682Multiple derivative issuers
General insurance
CO 05/1070General insurance distributors
CO 02/1145Declaration regarding overseas student health insurance
CO 07/409General insurance disclosure: extension of transitional period
REP 7Consumer understanding of flood insurance
REP 89 Getting home insurance right: a report on home building underinsurance
REP 54 Making home insurance better
Life products
RG 195Group purchasing bodies for insurance and risk products
CO 08/1Group purchasing bodies
REP 10Final report of the national life insurance disability campaign
Managed investment schemes and securities See also Managed investment schemes
RG 161Share and interest sale facilities
CO 08/10Share and interest sale facilities
Non-cash payment facilities
RG 185Non-cash payment facilities
CO 03/705Non-cash payment facilities - licensing relief
CO 05/736Low value non-cash payment facilities
CO 05/737Loyalty schemes
CO 05/738Gift facilities
CO 05/739Road toll facilities
CO 05/740Prepaid mobile facilities
REP 4Compliance with the Payments System Codes of Practice and the EFT Code of Conduct (April 1998 to March 1999)
REP 11Compliance with the Payments System Codes of Practice and the EFT Code of Conduct (April 1999 to March 2000)
REP 13Compliance with the Payments System Codes of Practice and the EFT Code of Conduct (April 2000 to March 2001)
REP 20Compliance with the Payments System Codes of Practice and the EFT Code of Conduct (April 2001 to March 2002)
REP 27Compliance with the Payments System Codes of Practice and the EFT Code of Conduct (April 2002 to March 2003)
REP 63Compliance with the EFT Code of Conduct (April 2003 to March 2004)
Schemes of arrangement
CO 07/9Prospectus relief for foreign schemes of arrangement and PDS relief for Pt 5.1 schemes and foreign schemes of arrangement
Securities
RG 95Disclosing entity provisions relief
RG 141 Offers of securities on the Internet
RG 158Advertising and publicity for offers of securities
REP 9Online trading survey report
Superannuation and retirement savings accounts
RG 84Super switching advice: Questions and answers
RG 97Enhanced fee disclosure regulations: Questions and answers
RG 184Superannuation: Delivery of product disclosure for investment strategies
RG 191Superannuation: helping investors look at longer-term returns–ASIC's best practice guide
CO 03/1097Deferral of s1012IA
CO 05/1254Transitional relief for certain superannuation periodic statements
CO 06/538Relief from enhanced disclosures in exit statements
CO 06/602Transitional periodic statement relief for legacy superannuation products under s1020F(1)(c)
CO 06/636Superannuation: Delivery of product disclosure for investment strategies
CO 07/337Enhanced fee disclosure exemption – defined benefit superannuation pension products
REP 50Superannuation switching surveillance: An ASIC report
REP 31Consumer decision making at retirement
REP 28Eligible rollover fund disclosure campaign
REP 51Report to the Parliamentary Joint Committee on late 2004 (and early 2005) superannuation switching advice surveillance
REP 66Monitoring advertising in superannuation
REP 69Shadow shopping survey on superannuation advice
REP 84Monitoring superannuation fees and costs (October 2005 to June 2006)
INFO 89 What can I tell my employees about making a choice of superannuation fund?
Travellers' cheques
CO 02/1075Travellers' cheques and confirmation of transactions
Warrants
RG 143Takeovers provisions: Warrants
CO 02/608Warrants: relief from PDS requirements for secondary sales
CO 05/682Dollar disclosure: Relief for warrant issuers
Types of financial service
RG 36Licensing: Financial product advice and dealing
Giving advice (general and personal advice) See also general advice warning and statement of advice
RG 84Super switching advice: Questions and answers
RG 79 Managing conflicts of interest: An ASIC guide for research report providers
RG 90Example Statement of Advice for a limited financial advice scenario for a new client
CO 03/606Financial product advice - exempt documents
CO 03/911Licensing relief for self-dealers who provide general product advice about own securities
CO 05/835General advice in advertising
CO 05/1195Simplified warning for oral general advice
CO 05/1243Licensing relief for valuers providing valuations of shares in real estate companies
REP 5Review of the financial advising activities of real estate agents (interim report)
REP 6 Review of the financial advising activities of real estate agents (technical paper)
REP 17Compliance with advice and disclosure obligations: Report on primary production schemes
REP 18Superannuation switching surveillance: An ASIC report
REP 50Superannuation switching surveillance: An ASIC report
REP 51Report to the Parliamentary Joint Committee on late 2004 (and early 2005) superannuation switching advice surveillance
Dealing
RG 36Licensing: Financial product advice and dealing
Operating a scheme See Managed investment schemes
Custodial and depositary services See Financial service providers: custodians
Making a market See also Financial markets
RG 172Australian market licences: Australian operators
RG 177Australian market licences: Overseas operators
CO 03/578Financial Services Guide exemption for market making services on a licensed market
Client status
Wholesale clients
RG 176Licensing: Discretionary powers - wholesale foreign financial services providers
RG 192Licensing: Wholesale equity venture capital schemes
CO 03/824Licensing relief for financial service providers with limited connection to Australia dealing with wholesale clients
CO 03/825Licensing relief for the provision of ongoing services in relation to a product acquired when the client was outside the jurisdiction
CO 03/826Market related records: Australian financial services licensees dealing on overseas markets
CO 03/911Licensing relief for self-dealers who provide general product advice about own securities
CO 04/150Wholly-owned subsidiaries of professional investors to be treated as wholesale clients
CO 07/74Wholesale equity schemes: licensing relief for trustees
Retail clients
RG 179Managed discretionary account services
Client property
CO 03/1110Prime brokerage services: relief from obligation to hold client property on trust
CO 03/1111Prime brokerage services: relief from obligation to hold scheme property separately
CO 03/1112Relief from obligation to hold client money on trust
CO 04/1063Section 981B money in cash common funds
Getting a financial services licence
RG 1Applying for and varying an AFS licence (AFS Licensing Kit: Part 1)
RG 2Preparing your AFS licence application (AFS Licensing Kit: Part 2)
RG 3Preparing your additional proofs (AFS Licensing Kit: Part 3)
Do you need a licence?See also licensing relief
RG 36Licensing: Financial product advice and dealing
RG 49Employee share schemes
RG 67Real estate companies
RG 80Managed investment schemes – interests not for money
RG 87 Charitable Investment schemes and school enrolment deposits
RG 129 Business introduction or matching services
RG 160Time-sharing schemes
RG 148Investor directed portfolio services
RG 162Internet discussion sites
RG 167Licensing: Discretionary powers
RG 176Licensing: Discretionary powers – wholesale foreign financial service providers
Applying for a licence
RG 1Applying for and varying an AFS licence (AFS Licensing Kit: Part 1)
RG 2Preparing your AFS licence application (AFS Licensing Kit: Part 2)
RG 3Preparing your additional proofs (AFS Licensing Kit: Part 3)
Varying a licence
RG 1Applying for and varying an AFS licence (AFS Licensing Kit: Part 1)
Ongoing licensee obligations
RG 36Licensing: Financial product advice and dealing
RG 104Licensing: Meeting your general obligations
RG 105Licensing: Organisational competence
RG 146Licensing: Training of financial product advisers
RG 165Internal and external dispute resolution
REP 37ASIC verification visit program: key findings
Authorised representatives
RG 104Licensing: Meeting your general obligations
RG 146Licensing: Training of financial product advisers
RG 175Licensing: Financial product advisers - Conduct and disclosure
INFO 88Notifying ASIC of the appointment of authorised representatives
Breach reporting
RG 78Breach reporting for AFS licensees: An ASIC guide
Client accounts
RG 104Licensing: Meeting your general obligations
RG 179Managed discretionary account services
Compensation arrangements
RG 126Compensation and insurance arrangements for AFS licensees
RG 166Licensing: Financial requirements
RG 172Australian market licences: Australian operators
RG 177Australian market licences: Overseas operators
CO 06/495Extension of transitional compensation arrangements
Dispute resolution
RG 139Approval of external complaints resolution schemes
RG 165Licensing: Internal and external dispute resolution
Financial reporting and audit See also Financial reporting and auditors
RG 34Auditors’ obligations: reporting to ASIC
CO 03/748Reporting requirements under s989B
CO 03/823Relief from licensing, accounting and audit requirements for foreign authorised deposit-taking institutions
CO 05/21Clarification of requirement for the appointment of auditors by financial services licensees
CO 03/826Market related records: Australian financial services licensees dealing on overseas markets
CO 06/68Conditional relief for foreign licensees from financial reporting and record keeping obligations
Financial requirements
RG 166Licensing: Financial requirements
Financial services guide
Managing conflicts of interest
RG 79Managing conflicts of interest: An ASIC guide for research report providers
RG 181Licensing: Managing conflicts of interest
RG 172Australian market licences: Australian operators
RG 177Australian market licences: Overseas operators
Organisational competence
RG 105Licensing: Organisational competence
Adviser training
RG 104Licensing: Meeting your general obligations
RG 146 Licensing: Training of financial product advisers
Financial services disclosure
RG 175Licensing: Financial product advisers - Conduct and disclosure
REP 29Preferential remuneration project
REP 30Disclosure of soft dollar benefits: An ASIC research report
REP 42Insurance broker remuneration arrangements
Dollar disclosure
Financial services guide
RG 179Managed discretionary account services
CO 02/1074Financial Services Guide - dealing in underlying investments by superannuation trustees
CO 03/578Financial Services Guide exemption for market making services on a licensed market
CO 04/1055Information in a Financial Services Guide given in a time critical situation
CO 04/1571Secondary services: General financial services guide relief
CO 04/1572Secondary services: Financial Services Guide relief for experts
CO 04/1573Secondary services: Financial Services Guide relief for arrangers acting under an intermediary authorisation
CO 05/27Financial services guides - tailoring relief
CO 06/495Extension of transitional compensation arrrangements
Statements of advice
RG 90Example Statement of Advice for a limited financial advice scenario for a new client
CO 04/10Statement of Advice relief for certain products able to be traded on an approved foreign market
CO 04/1556Statements of additional advice
CO 07/447Temporary extension of time for SOA delivery
General advice warning
CO 05/1195Simplified warning for oral general advice
REP 5Review of the financial advising activities of real estate agents (interim report)
REP 6 Review of the financial advising activities of real estate agents (technical paper)
Secondary services
CO 04/1571Secondary services: General financial services guide relief
CO 04/1572Secondary services: Financial Services Guide relief for experts
CO 04/1573Secondary services: Financial Services Guide relief for arrangers acting under an intermediary authorisation
Product disclosure
RG 168Disclosure: Product disclosure statements (and other disclosure obligations)
Annual reports
CO 02/1071Clarification of Corporations Regulation 10.2.74
Application forms
CO 02/260Product Disclosure Statements - application forms created by a licensee
CO 04/1574Application form and cooling-off relief for certain transfers of members between financial products and interests within a superannuation fund
Confirmation of transactions
CO 02/1075Travellers' cheques and confirmation of transactions
Cooling off
RG 66Time-sharing schemes
CO 04/1574Application form and cooling-off relief for certain transfers of members between financial products and interests within a superannuation fund
Dispute resolution
RG 139Approval of external complaints resolution schemes
RG 165Internal and external dispute resolution
Dollar disclosure
RG 182Dollar disclosure
REP 30Disclosure of soft dollar benefits: An ASIC research report
RG 182 Dollar disclosure
CO 04/1430Unknown facts or circumstances
CO 04/1431Costs of derivatives, foreign exchange contracts, general insurance products and life risk insurance products
CO 04/1432Interest payable on deposit products
CO 04/1433Non-monetary benefits and interests
CO 04/1434Transitional relief
CO 04/1435Amounts denominated in a foreign currency
CO 05/682Relief for warrant issuers
CO 05/683Dollar disclosure: Further transitional relief
Environmental, social and ethical factors
RG 65Section 1013DA disclosure guidelines
RG 175Licensing: Financial product advisers - Conduct and disclosure
Fees and remuneration
RG 40ASIC’s guide to good transaction fee disclosure for bank, building society and credit union deposit and payments products (transaction accounts)
RG 97Enhanced fee disclosure regulations: Questions and answers
RG 175Licensing: Financial product advisers - Conduct and disclosure
RG 181Licensing: Managing conflicts of interest
RG 182Dollar disclosure
CO 07/337Enhanced fee disclosure exemption – defined benefit superannuation pension products
REP 8Inquiry into fees on electronic and telephone banking
REP 16Disclosure of fees and charges in managed investments, review of current Australian requirements and options for reform (Ramsay report)
REP 23 A model for fee disclosure in product disclosure statements for investments products—An ASIC report
REP 29Preferential remuneration project
REP 30Disclosure of soft dollar benefits: An ASIC research report
REP 42Insurance broker remuneration arrangements
REP 53Good transaction fee disclosure
Market announcements
CO 02/138Announcements to financial markets by holding companies about financial products (other than securities) issued by subsidiaries
Multi-issuer
CO 03/876Multi-issuer product disclosure statements
CO 03/1092Further relief for joint product disclosure statements
CO 06/682Multiple derivative issuers
Periodic statements
RG 97Enhanced fee disclosure regulations: Questions and answers
RG 191Superannuation: helping investors look at longer-term returns–ASIC's best practice guide
CO 03/485Periodic statements under s1017D
CO 06/602Transitional periodic statement relief for legacy superannuation products
CO 05/681Transitional relief for deposit product providers - PDSs and periodic statements
Product disclosure statements
RG 55Disclosure documents and PDS: consent to quote
RG 97Enhanced fee disclosure regulations: Questions and answers
RG 168Disclosure: Product disclosure statements (and other disclosure obligations)
RG 179Managed discretionary account services
RG 184Superannuation: Delivery of product disclosure for investment strategies
CO 02/141Experts: citing in Product Disclosure Statements
CO 02/286Obligation to provide Product Disclosure Statement: section 1012B(4)
CO 03/237Updated information in product disclosure statements
CO 03/1092Further relief for joint product disclosure statements
CO 05/681Transitional relief for deposit product providers - PDSs and periodic statements
CO 06/636Superannuation: Delivery of product disclosure for investment strategies
CO 07/9Prospectus relief for foreign schemes of arrangement and PDS relief for Pt 5.1 schemes and foreign schemes of arrangement
CO 07/337Enhanced fee disclosure exemption – defined benefit superannuation pension products
REP 23A model for fee disclosure in product disclosure statements for investments products - an ASIC report
On-sales
CO 02/608Warrants: relief from PDS requirements for secondary sales
CO 02/1180Disclosure for on-sale of securities and other financial products
CO 04/653On-sale disclosure relief for scrip bids
CO 04/671Disclosure for on-sale of securities and other financial products
CO 04/672Extension of on-sales exemptions
Significant events reporting
RG 184Superannuation: Delivery of product disclosure for investment strategies
Stop orders
RG 152Lodgment of disclosure documents
RG 168Disclosure: Product disclosure statements (and other disclosure obligations)
Unsolicited offers
RG 161Share and interest sale facilities
CO 08/10Share and interest sale facilities
Warrants
CO 02/608Warrants: relief from PDS requirements for secondary sales
CO 03/876Multi-issuer product disclosure statements
CO 03/957 ASX managed investment warrants — disclosure and reporting exemptions
CO 04/1431Costs of derivatives, foreign exchange contracts, general insurance products and life risk insurance products
Hawking and advertising
See also Fundraising: hawking and advertising
Hawking
RG 38The hawking prohibitions: An ASIC guide
CO 02/641Hawking - securities and managed investments
CO 04/239Factoring arrangements - licensing, hawking and disclosure relief
Advertising
RG 53The use of past performance in promotional material
RG 129Business introduction or matching services
RG 141Offers of securities on the Internet
CO 02/143Financial product market research
CO 02/144Financial products issued by a foreign issuer: incidental circulation of published material
CO 02/150Foreign financial products: publishing of reports and notices
CO 04/239Factoring arrangements - licensing, hawking and disclosure relief
CO 05/835General advice in advertising
Ceasing to be a licensee or authorised representative
Banning and disqualification
RG 98Licensing: Administrative action against financial services providers
Consumer protection, including ASIC Act
Consumer education and protection
REP 3 Stocktake of consumer education in financial services
REP 7Consumer understanding of flood insurance
REP 12 Book up: some consumer problems
REP 14International cold calling investment scams
REP 15Hook, line and sinker: who takes the bait in cold calling scams?
REP 31Consumer decision making at retirement
REP 89Making home insurance better
REP 54Getting home insu