Future of Financial Advice reforms
The Assistant Treasurer, Senator the Hon. Arthur Sinodinos, today announced proposed amendments to the Future of Financial Advice (FOFA) legislation. 13-355MR. 20 December 2013
We have released an information sheet to assist those intending to apply for a limited Australian financial services licence. 13-140MR. 14 June 2013
The webcast of roadshows ASIC experts presented ahead of the mandatory application of the legislation on 1 July 2013 is now available.
|Background and implementation||
Overview of FOFA reforms
Commencement of FOFA reforms
ASIC's facilitative approach to the new regime
Further background to FOFA reforms
|ASIC consultation and guidance||ASIC consultation and guidance on specific FOFA topics including:
|Other government reforms||
|Releases about FOFA||
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ASIC has produced regulatory guidance to help industry and other stakeholders understand the new FOFA requirements and how they can comply with them. If after reading our regulatory guidance you still have general questions about the FOFA obligations or ASIC's implementation plans, you can email the FOFA team.
Please note that ASIC cannot provide legal advice. If you have questions about how FOFA applies to your specific business or circumstances we will have to recommend that you obtain your own legal advice.