The Financial Services Council has proposed ASIC should establish a separate enhanced risk-based supervision function for advice AFSLs, as well as a higher base charge for licensees with the ASIC levy. The Financial Advice Association Australia has already called the recommendations an attack on self-licensed businesses.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Regulation