The Australian regulator ASIC informed that it has removed additional license conditions imposed on Morgans Financial Limited back in 2016.
In November 2016, ASIC and Morgans Financial Limited agreed for an independent compliance consultant to monitor, evaluate and report on Morgan’s implementation of recommendations arising from an independent review of its compliance measures.
The conditions have been removed as of 19 March 2019, stating that the company has adequately designed and implemented responses to the recommendations.