The corporate regulator said it updated its Financial Advisers Register last month to collect the new information required by the recent professional standards reforms for financial advisers.
Licensees must provide the additional information about their advisers through ASIC’s Connect portal by 1 January 2020.
“AFS licensees should note that ASIC offices are closed between Christmas Eve and the end of the year,” ASIC said.
“We encourage all AFS licensees to do their reporting as soon as possible in case ASIC assistance is required.”
ASIC requires the following information from licensees to be added to the register:
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When |
Information to add to the Financial Advisers Register |
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From 15 November to 31 December 2019 for existing financial advisers |
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From 15 November 2019 onwards for existing and new financial advisers |
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Source: ASIC
How does this help my clients , they have my skils and service provision in my FSG, what i advise in the SOA, and elect to opt in each FDS renewal. More costs for the AFSL that flows to us , stupid.
Asic love enforcing deadlines unless it is for themselves.
Seriously? Our email address is to be published online? Get ready to be spammed!!!