1. The Financial Services Industry
The Financial Services Reform Act (FSRA) was passed in 2001 and commenced in 2002. ... In 2012, the Future of Financial Advice package Legislation was passed by the federal government , which provides greater protection for investors by tightening up on the: duties and commission payments of financial planners and types of products they are allowed to recommend to customers. ... The Australian Financial Security Authority(AFSA) is responsible for the administration and regulation of the personal insolvency system, proceeds of crime, trustee services and the administration of the Personal Prope...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate