Our Tailored Regulatory Update Newsletter (T-Run) is very popular amongst licensees. Each month, you will receive a personalised electronic issues update on the law and regulatory developments directly relevant to Responsible Managers, AFS licensees and their representatives. This service is useful, as it helps satisfy ASIC's requirement that Responsible Mangers maintain and update their expertise [see RG 105]. It also alleviates the "information overload" which many Responsible Managers suffer from as they attempt to filter out the truck-loads of changes to the law which are faced with every day.
We also tell you about any relevant Anti-Money Laundering developments that you need to know about.
Free Example 1 - for product issuers who only have wholesale clients
If your licence only allows you to issue products and provide general advice to wholesale clients, you won't be interested in the latest changes to Statements of Advice regulations. You will, however, be interested in what ASIC and Treasury have recently said about wholesale client relief. By way of illustration, we have included an update we provided to some of our clients in May 2008. It is relevant to licensees who are authorised to provide general advice and deal (including issuing a product), to wholesale clients.
Free Example 2 - for financial planners
In the same month, here is what we provided to some of our clients who are authorised to provide personal advice and deal (arrange on behalf of another) in deposit products, general insurance products, debentures, stocks, bonds, life products, Managed Investment Schemes, RSA products, securities and superannuation.
Free Example 3 - for registered managed investment schemes licensees
Some of our clients have an authorisation for registered managed investment schemes only. This is the newsletter they received in March 2008. Include in your training register Responsible Managers can include these updates in their ongoing training register, as it helps show that they are maintaining and updating their regulatory expertise as required by RG 105.
Cost
The tailored updates are $60.00 per month, including GST, billed quarterly. There's no minimum subscription, so you can opt out at any time. If there's no news for you in a particular month, then we don't charge you for that month.
Subscribe Online
Click here to subscribe online or contact us to subscribe over the phone.
Leave a Comment / Ask a Question