How to be an ethical financial advisor

In Australia, a new ethical financial adviser is emerging, one that can help Australians avoid becoming the victims of a predatory lending industry.

The new Financial Services Regulatory Authority (FSRA) was created by the Australian Competition and Consumer Commission in November last year.

It is a regulator of financial services, and was created to regulate the activities of the Financial Industry Regulatory Authority, the Australian Securities and Investments Commission, and the Australian Banking Regulatory Authority.

The FSRA is responsible for oversight of the financial services industry and, with the approval of the Australian Taxation Office, it can investigate whether the actions of financial institutions are in the public interest.

But the FSRA also regulates the conduct of the banking industry, as well as the activities undertaken by financial institutions, including their dealings with the public.

In its new role, the FSREA has a number of key powers.

For example, the agency can investigate a financial institution for breaches of the Fair Trading Act, which states that there is an obligation on all financial institutions to comply with a fair trading standard.

The agency also has the power to revoke or suspend licences, as it deems appropriate.

The regulator has the right to ask for the information of any financial institution, including the financial adviser, and obtain financial records of any other financial institution.

It can also take action against an institution for breach of the standards of conduct set out in the Fair trading Act.

The FSA also has an investigatory powers authority, which is able to investigate and compel the production of documents or other material, including evidence.

The authority can also obtain information about an individual or entity from the financial service providers, including information about their financial condition.

As the regulator, the FSA has the ability to make recommendations to the Minister on the enforcement of the law, including a statutory scheme for the prevention of financial crime and the establishment of fair trading standards.

Financial institutions are required to report their financial results to the FSSA, and can be fined or suspended for failing to comply.

The watchdog can also issue a subpoena for financial records and documents, including emails and other electronic data, to compel financial institutions for compliance.

Financial firms must make reasonable efforts to inform the FSRI of breaches of their obligations under the Fair Trade Act.

However, they can also be fined up to $10,000 per breach, or face penalties of up to three years in jail.

This is not the first time the FSA is investigating breaches of financial regulations.

In December last year, the regulator issued a warning to financial institutions about the use of “fraudulent representations” and other fraudulent practices.

The Financial Services Authority has also been in contact with financial firms about their compliance with anti-money laundering and counter-terrorist financing regulations.

These are important standards, and it is a critical component of any regulatory framework to make sure financial services firms are fully compliant with the laws and regulations.