今日热门事件acknowledges that due to COVID-19 restrictions, some financial advice businesses in Victoria may find it difficult to comply with the fee disclosure statement (FDS) and renewal notice obligations.
To assist affected financial advice businesses, 今日热门事件has issued a no-action position in relation to these obligations. 今日热门事件does not intend to take regulatory action against an Australian financial services (AFS) licensee or their representative for a breach of sections 962G, 962K and 962S of the Corporations Act in certain circumstances.
This no-action position applies to AFS licensees or representatives where their entire business or a substantial part of it is located in Victoria.
For more information, visit COVID-19 information for financial advisers and advice licensees.