Gaps found in ASIC's latest guidance for limited licensing
ASIC's new licensing guidance for SMSF professionals leaves a number of questions unanswered and appears to contradict elements of existing regulation.
ASIC has released new webpage guidance and three new information sheets aimed at helping limited AFS licensees and their representatives to understand their key obligations. The new guidance can be accessed here.
Read the full article on SMSF Adviser.
