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Personal Property Security regime commences in PNG
Insight 10 May 2016

The commencement of the personal Property Security regime means an important changes to the companies transact business's report in Papua New Guinea. ...

Spotting hurdles in the race to market Australian funds in Asia
Insight 05 Apr 2016

The introduction of the Asia Region Funds Passport ARFP has been in the works for some time The ARFP was one of the recommendations coming out of the 2009 Johnson Report and aims to provide a basis for cross-border marketing of managed funds in the Asia region While there has been a tendency to ...

A long time coming: The Retirement Income Streams Review Report
Insight 04 May 2016

Going into the 2013 election the present Government promised a review of the regulatory framework for retirement income streams Today the Government finally released its report It has been a long time coming And while the main outcome - a new category of tax effective pensions and annuities - will ...

The end of the unit trust monopoly - tranche 1 of the revised CCIV bill
Insight 15 Jun 2018

On 13 June 2018 the Federal Government released the first tranche of the revised exposure draft legislation for the new corporate collective investment vehicle one of the two forms of collective investment vehicle which it pledged to develop as part of the 2016-2017 budget We are undertaking a ...

First civil penalty order for breach of FOFA duties
Insight 06 Nov 2017

The Federal Court recently imposed a 1 million civil penalty on a licensee for breaches by its representatives of the best interests and appropriate advice duties The penalties were the same amount that was agreed between ASIC and the licensee The decision is a reminder to financial services ...

Australian Financial Complaints Authority: a 'one-stop-shop' for financial dispute resolution
Insight 19 Jul 2018

The new Australian Financial Complaints Authority is to replace each of the Superannuation Complaints Tribunal the Financial Ombudsman Service and the Credit and Investments Ombudsman in November 2018 ...

Video: Startup funding, exits and investment: insights from Jon Medved, Founder and CEO, OurCrowd
Insight 26 Jul 2018

Access to funding has long been the missing link in the development of startups in Australia The Australian startup industry has grown significantly over the past few years as capital has become more available Alternative funding options including crowdfunding give startups more options than ever ...

Interested in investment in Vietnam?
Insight 07 Sep 2017

Vietnam has increasingly been an attractive investment destination for foreign investors In recent years the legal landscape for doing business in Vietnam has changed significantly with the introduction of new laws including the key laws on enterprise and investment Weve published our new Legal ...

A step closer to industry funding of ASIC
Insight 07 Apr 2017

Last week the Federal Government moved another step closer to implementing an industry funding model for the recovery of ASICs costs by introducing the ASIC Supervisory Cost Recovery Levy Bill 2017 as well as two related Bills into Parliament These Bills implement the recommendations of the ...

A Commission of Inquiry - of the Royal, not the Parliamentary, kind
Insight 19 Dec 2017

Since the announcement of the Royal Commission into ahem financial services much has been written and said - a lot of which suggests that little attention is being paid to the terms of reference In this article I take a look at those terms ...

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