ASIC issues professional standards information
The corporate regulator has created a new online resource to help advisers negotiate the incoming professional standards requirements.
These include the scope of the reforms, advisers’ obligations, FASEA information, compliance schemes for the code of ethics and updates to the financial adviser register.
“This information will help financial advisers, and those coming into the advice industry, prepare for the new requirements,” ASIC said in a statement.
The new resource can be accessed here.