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International Law
: Australian Regulatory Compliance ReviewOnline generic financial calculators
By admin
One of the most popular features on financial websites is the calculator.
Providers of calculators and website owners need to be aware of ASIC’s Class Order [CO 05/1122] which gives relief from the usual licensing, conduct and disclosure requirements provided certain assumptions are disclosed. These are discussed in IR 05-64.
ASIC itself has now provided a range of generic calculators on its new MoneySmart website here.
Full post as published by Australian Regulatory Compliance Review on March 21, 2011 (boomark / email).
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