Oct 28 (Reuters) - Australia's ASIC:
* IMPOSED ADDITIONAL LICENCE CONDITIONS ON THE AUSTRALIAN FINANCIAL SERVICES (AFS) LICENCE OF IOOF INVESTMENT SERVICES LTD
* HAS DECIDED TO IMPOSE ADDITIONAL CONDITIONS RELATING TO THE GOVERNANCE, STRUCTURE AND COMPLIANCE ARRANGEMENTS OF IISL
* IISL AGREED TO THE IMPOSITION OF THE ADDITIONAL LICENCE CONDITIONS
* ADDITIONAL CONDITION INCLUDES ESTABLISHMENT OF OFFICE OF RESPONSIBLE ENTITY THAT REPORTS DIRECTLY TO THE IISL BOARD