January 21, 2019 BY Valentina Kirilova

ASIC imposes additional conditions on HNW Planning’s AFS license

Australian regulator ASIC has just announced that it has imposed additional conditions on the Australian Financial Services (AFS) license of the company HNW Planning Pty Ltd (HNW). After concluding that HNW did not have adequate monitoring and supervision processes, ASIC has required HNW to engage an independent expert to make recommendations on how to improve…

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