Coronavirus (COVID-19) updates from the Australian Government

Better Advice Bill - Exposure Draft Regulations

This consultation process has now been completed.
Date
-
Consultation Type
Draft Regulations

Key Documents

The Government has released for consultation exposure draft regulations and a draft legislative instrument supporting the Financial Sector Reform (Hayne Royal Commission Response—Better Advice) Bill 2021 (the Better Advice Bill).

The Better Advice Bill was introduced into Parliament on 24 June 2021 and implements:

  • recommendation 2.10 of the Financial Services Royal Commission to establish a single disciplinary body and new registration system for financial advisers; 
  • recommendation 7.1 of the Independent Review of the Tax Practitioners Board (TPB) to introduce a single disciplinary and registration system for financial advisers that provide tax (financial) advice services; and
  • the Government's decision to wind up the Financial Adviser Standards and Ethics Authority (FASEA) and transfer its functions to the Government, with the Australian Securities and Investments Commission (ASIC) responsible for administering the financial adviser exam

The Government seeks stakeholder feedback on the exposure draft regulations and legislative instrument which implements key elements to support the operation of the Better Advice Bill. These include:

  • setting the criteria for when ASIC must refer matters to the single disciplinary body;
  • specifying the administrative sanctions made against a financial adviser that must be included on the Financial Advisers Register;
  • extending the deadline to complete the financial adviser exam to 30 September 2022 for financial advisers who have attempted the exam twice before 31 December 2021; 
  • proposing new fees for the financial adviser exam and registration of financial advisers from 1 January 2022; and
  • outlining the registration, education and training requirements for financial advisers providing tax (financial) advice services.

It is intended the Better Advice Bill and the supporting regulations and legislative instrument will come into force on 1 January 2022. 

Interested stakeholders are invited to comment on the exposure draft regulations and legislative instrument by 15 October 2021.

Submissions

No submissions are currently available.

友情链接:亚洲人成视频在线播放|欧美成人网站|欧美视频毛片在线播放  999re5这里只有精品|久久66热在线视频精品|99热这里只有精品  欧洲美女多人群交视频|欧洲女人性开放视频|欧美群交|欧美性交电影  一本道无码在线av观看|日本一级特黄大片|一级a做爰片|免费视频在线观看2019  91视频在线-91在线视频观看-91自拍国产专区-久草网  日本一级特黄大片大全|黄色电影日本大片|日本极品a级片  国产一级片|a片毛片免费观看|香港经典三级|免费在线观看的黄片  a片毛片免费观看|夫妻性生活影片|免费在线观看的黄片|国产一级片  波多野结衣步兵番号及-波多野结衣中文字幕-波多野结衣番号  米奇影视|米奇网站|米奇电影网|奇米影视盒|777奇米影视第四色|777米奇影院  婷婷五月成人电影|快播电影|伦理电影天堂网  韩国三级电影网站|韩国三级片大全在线观看|免费韩国成人影片  韩国三级片|韩国三级片大全在线观看|香港经典三级|免费韩国成人影片  日本一本道高清无码AV|最新高清无码专区|在线观看中文字幕DVD播放  亚洲人成视频在线播放|欧美视频毛片在线播放|欧美成人网站  韩国三级片大全在线观看-免费韩国成人影片-韩国三级片  韩国三级电影网站|免费韩国成人影片|韩国三级片大全在线观看  伊人影院蕉久影院在线|伊人影院|久久精品视频|清风阁视频网  777米奇影院|米奇影视|米奇网站|米奇电影网|奇米影视盒|777奇米影视第四色  大香蕉在线影院|韩国三级片|免费韩国成人影片|韩国三级片大全在线观看  台湾佬中文网|台湾佬电影网|台湾佬中文娱乐网  东京热一本道色综合网-一本道在线电影-一本道理在线不卡免费  夫妻性生活影片|免费在线观看的黄片|国产一级片|a片毛片免费观看  夜夜骑视频|夜夜骑在线影院|夜夜骑|夜夜骑网站  老鸭窝在线视频|老鸭窝成人视频在线观看|老鸭窝成人av在线视频大香蕉  蔓草社区|日嗷嗷|777米奇影院|789私人影院|日嗷嗷在线影院  香港经典三级|免费在线观看的黄片|a片毛片免费观看|夫妻性生活影片  欧洲大香蕉|久草网|很很鲁在线视频播放影院|欧洲女人性开放视频  欧美av|欧美A片|国产亚洲Av在线|国产a片|国产av小电影在线观看