This guide is for Australian financial services (AFS) licensees who are research report providers. It is directed towards providers of research on investment products—known variously as research analysts, securities analysts or research houses—and the research reports they provide. It provides guidance on certain licensing and conduct obligations in Pt 7.7 of the Corporations [...]
Posted on October 4th, 2012
Following consultation in April, the Financial Reporting Council (FRC) has announced limited changes to the Stewardship Code intended to increase accountability and engagement through the investment chain.
Changes to the Stewardship Code include:
Clarification of the respective responsibilities of asset managers and asset owners for stewardship, and for stewardship activities that they have chosen to [...]
Posted on September 24th, 2012
A briefing on the latest European financial regulation developments, particularly proposals for a new Insurance Mediation Directive.
The European Commission this summer launched a consumer protection campaign in response to what it describes as “a crisis of consumer confidence”, with three key legislative proposals tabled in early July, all reflecting stronger customer [...]