Oct 28 (Reuters) - Australia's ASIC:
- IMPOSED ADDITIONAL LICENCE CONDITIONS ON THE AUSTRALIAN FINANCIAL SERVICES (AFS) LICENCE OF IOOF INVESTMENT SERVICES LTD
- HAS DECIDED TO IMPOSE ADDITIONAL CONDITIONS RELATING TO THE GOVERNANCE, STRUCTURE AND COMPLIANCE ARRANGEMENTS OF IISL
- IISL AGREED TO THE IMPOSITION OF THE ADDITIONAL LICENCE CONDITIONS
- ADDITIONAL CONDITION INCLUDES ESTABLISHMENT OF OFFICE OF RESPONSIBLE ENTITY THAT REPORTS DIRECTLY TO THE IISL BOARD
Source text: (http//bit.ly/2WsWykx)
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News: IFL Australia's ASIC Imposed Additional Licence Conditions On AFS Licence Of IOOF Unit
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