FASEA New Requirements Overview

The Australian Financial Adviser Standards and Ethics Authority (FASEA) is responsible for overseeing the professional standards for the financial advice sector. As part of multiple changes set forth in the Corporations Act 2001 (regulated by ASIC) for the industry, a portion is in relation to the education that financial advisors must have to participate in the industry.

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Compliance on the go with MCO Mobile App

In 2017 197 billion apps were downloaded and usage on cellphones overtook desktops in 2018 - 58% of site visits were from mobile devices and in some countries this number reaches 72%.

Ensuring that your employees are compliant is an essential part of many businesses, especially those in regulated industries. The challenge falls when these organizations have to keep every employee up to date with policy and regulations or that all employees and compliance teams can quickly send and approve requests.

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Video: Get to Know MCO's Third-Party Risk Mgt Solution

The key to effective third-party risk management is ensuring  controls are in place when a relationship begins, remain in place over time, and change as needed to manage new risks. Watch this brief video to understand how MCO's third-party risk management software can help you automate this process, affordably and without the complexity associated with other vendors.

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How are you dealing with your millennials employees?

What is generation?

The generation theory was first introduced by the socialist Karl Manheim in 1923. The theory divides generation into groups according to their wishes, experiences, expectancies, values, lifestyles and demographic characteristics, which influence their lives and the way that they consume and behave.

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Capturing Employee Personal Trades

Automating the monitoring of personal trade accounts requires the capture of trade data in an electronic format. Data capture is an important topic and one that is not always fully understood. Typically, firms begin data capture by acquiring direct feeds from the major brokerage firms. This can resolve 60-70% of trade capture needs for US accounts. A good start, but significant challenges remain; the 30-40% of US accounts that are not captured as well as the non-US trading activity ,typically 80-90%.

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