45 paragraphs found
Specific matters which are identified in section 601HA that are to be included in compliance plans include arrangements for: the identification and custody of scheme property; the operation and functions of the scheme’s compliance committee, where …
RG 132 outlines considerations which a responsible entity is to take into account when preparing compliance plans in order to satisfy the requirements of section 601HA. RG 132 also emphasises that compliance plans for each scheme are to include compliance …
RG 45 Mortgage schemes—improving disclosure for retail investors (September 2008) and RG 46 Unlisted property schemes—improving disclosure for retail investors (September 2008) expects compliance plans of the relevant schemes to contain adequate …
RG 132 expects the responsible entity, when preparing a compliance plan for the first time and continuously thereafter, to undertake a due diligence process to consider its responsibilities under the Act and the scheme’s constitution, identify risks of …
RG 132 sets out ASIC’s expectations of responsible entities when preparing compliance plans for registered schemes to meet the requirements of the Act. As identified in RG 132, the responsible entity is expected to continuously monitor the outcomes of its …
With regard to the above, ASIC has indicated that it expects such compliance structures to include clear procedures for recording and reporting on compliance, a complaints handling system [1] , systems to identify, investigate and rectify recurring and …
See RG 139 Approval and oversight of external dispute resolution schemes . …
In accordance with section 601HG(1) of the Act, the responsible entity of a registered scheme is required to ensure that at all times a registered company auditor, an audit firm or an authorised audit company is engaged to audit compliance with the …
ASAE 3100 requires the auditor of the compliance plan to agree on the terms of the compliance plan audit engagement with the responsible entity, which are required to be recorded in writing by the auditor and forwarded to the responsible entity. Such …