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Licence applications facing delays into next year

ASIC has announced that hundreds of limited license applications, most of which are of poor quality, are expected to remain unprocessed into next year.

Licence applications facing delays into next year
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  • Shared by SMSF Adviser
  • October 18, 2016
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During the Review of the Australian Prudential Regulation Authority Annual Report 2015, ASIC senior executive Warren Day said there is “no straightforward answer” regarding when ASIC will be able to process the remaining limited licence applications.

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