11-20 of 69 results
Federal Court gets on the front foot to streamline the takeover scheme process
In this Insight, we look at the key changes to the Federal Court process on a scheme application and what it means for target companies. ...
DDO conditional relief: facilitating the reissue of life insurance policies
In a welcome move for life insurers reissuing or reinstating certain life policies, ASIC has registered the ASIC Corporations Instrument 2023/183. In this Insight, we provide a brief overview of the purpose of the Instrument and the relief granted by ASIC. ...
Quality of Advice Review final report - a snapshot
We provide an overview of the recommendations and implications for industry. If fully implemented, the changes would be the most radical overhaul of the financial advice laws since FoFA. ...
Strengthening the regulation of Buy Now Pay Later (BNPL) in Australia
As expected, increased regulation of the Buy Now Pay Later (BNPL) industry is becoming more likely following Treasury's release of the options paper, Regulating Buy Now, Pay Later in Australia (Options Paper). ...
ASIC v CBA: s912A does not require perfection
In this Insight, we examine the court's interpretation of the s912A obligation and provide guidance on mitigating misleading and deceptive conduct risk for AFS licenses. ...
Financial services regulatory update
Webinar: Financial services regulatory update: Secret commission offence provisions for SFTs; derivatives regulation and ASIC's Reportable Situations Regime ...
ASIC's insights from the Reportable Situations Regime
ASIC has recently published a paper (here) recording high-level insights on themes and trends observed in reports received from AFS and credit licensees under the new Reportable Situations Regime (the Regime). ...
Earn-out consideration under a scheme of arrangement – the art of the possible
The recent acquisition of an unlisted public company Crestone Holdings Limited has established a new market precedent involving the use of earn out consideration under a scheme of arrangement. ...
Major changes proposed to financial advice regime
Treasury has released a further consultation paper as part of the Quality of Advice Review, seeking feedback on interim proposals for changes to the regulatory regime governing financial advice. ...
ASIC's Corporate Plan shaped by emerging environmental, economic and technology trends
ASIC has released its four-year plan, which outlines its key areas of focus. Of these four priorities, three are new: Design and distribution obligations; Retirement decision making; Sustainable finance; and Technology risks. ...