October 25, 2018 BY Valentina Kirilova
ASIC to cancel Austplan’s AFS license
Australian regulator ASIC has announced that it will cancel the Australian financial services (AFS) license of Austplan Pty Ltd (Austplan) effective from 25 November 2018 by agreement with the licensee. ASIC was concerned about Austplan’s ability to do all things necessary to ensure the advice provided by its representatives was compliant. Its surveillance found deficiencies…
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