Document ID: chunk:federal_register_of_legislation:F2015L01255:reg:2:p2
Version: federal_register_of_legislation:F2015L01255
Segment Type: reg
Provision Reference: reg 2 (pt 2/2)
Character Range: 3431–4514

Adara Advisors has received from the Panel Member written confirmation that the Panel Member Firm has confirmed that there is no conflict of interest for the Panel Member Firm in the Panel Member providing the relevant financial services; and
(k) before providing the relevant financial services to a Client, the Panel Member has disclosed to that Client in writing that they are:
(i) an authorised representative of Adara Advisors; and
(ii) an employee or director of the Panel Member Firm which holds an Australian financial services licence, which they must identify; and
(iii) relying on an exemption granted by ASIC enabling them to provide financial services on behalf of Adara Advisors as its authorised representative without also being an authorised representative of the Panel Member Firm as would otherwise be required by the Act; and
(iv) providing the financial services only as an authorised representative of Adara Advisors; and
(l) the Panel Member Firm does not receive any financial benefit as a result of the Panel Member providing the relevant financial services.