Services

Other compliance and risk management services provided by Ingoso:

Compliance obligations extend beyond the simple maintenance of client files and involve such matters as an examination of recurring revenue, analysis of “approved” financial products, records of meetings, governance, and product decision-making, and making sure that the financial management and ongoing management of the business is being done in accordance with regulatory expectations.

In addition to governance consulting and audit tools, Ingoso is able to help clients:

apply for or vary an AFS license
provde ad hoc consulting on compliance and regulatory matters
offer support by workshop, phone or email
conduct Responsible Manager induction and coaching
compliance committee, investment committee and financial reporting attendance, consultation and support
incident, breach and compliant management
policy and process documentation
Compliance management reporting to Boards, Executives, Responsible Manager(s) or compliance and risk management committees of the Licensee

About

Interactive Governance Solutions (Ingoso) is a compliance and governance business that specialises in the audit and assessment of Australian Financial Services License (AFSL) holders, sub authorised financial planning practices and individual financial advisers. Ingoso combines a working knowledge of the Corporations Act and Financial Services Reform Act, ASIC Regulatory Guides with general compliance best practice.

Background

Any entity wishing to issue a financial product, deal in a financial service, or provide financial advice in the Australian market must obtain an Australian Financial Services License (AFSL). Unbelievably, ongoing compliance with the conditions of an AFSL once obtained is often given little human or technological resourcing by AFSL license holders. Without a license, there is no business!

Services

Compliance obligations extend beyond the simple maintenance of client files and involve such matters as an examination of recurring revenue, analysis of "approved" financial products, records of meetings, governance, and product decision-making, and making sure that the financial management and ongoing management of the business is being done in accordance with regulatory expectations