31-40 of 96 results

CIPRs - some interesting findings
Insight 05 May 2017

Michael Mathieson Written by Senior Regulatory Counsel Michael Mathieson We recently hosted some workshops in Sydney and Melbourne to discuss the proposed CIPR framework. The outcomes of those workshops were interesting – in some respects ...

Recent decision on FoFA advice provisions - ASIC v NSG
Insight 05 May 2017

Partner Partner Simun Soljo Written by Managing Associate Simun Soljo and Law Graduate Chris Walsh The recent case of ASIC v NSG Services Pty Ltd considers the FoFA best interests and appropriate advice provisions, as well as ...

Reporting significant breaches - or something that may (or may not) be a breach?
Insight 05 May 2017

Written by Partner Michelle Levy and Senior Regulatory Counsel Michael Mathieson The Taskforce established by Treasury to consider ASIC's enforcement powers released its first consultation paper a ...

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

Partner Partner Belinda Thompson Written by Partner Belinda Thompson and Lawyer Kelly Roberts Last week, the Federal Government moved another step closer to implementing an industry funding model for the recovery of ASIC's costs, by ...

Productivity Commission's proposed alternate default models for superannuation
Insight 30 Mar 2017

In the latest (and undoubtedly most significant) of its reports into the design of default superannuation arrangements in Australia, the Productivity Commission yesterday released its Draft Report ...

25 years of class actions
Insight 27 Mar 2017

Class action risk is changing. A new wave of entrepreneurialism by plaintiff lawyers and litigation funders has substantially changed class action dynamics in recent times. The 25th anniversary of ...

Consumer protection in the banking, insurance and financial sector
Insight 10 Mar 2017

Michael Mathieson Written by Senior Regulatory Counsel Michael Mathieson The Senate Economics References Committee is conducting an inquiry into the regulatory framework for the protection of consumers in the banking, insurance and ...

Product design and distribution rules
Insight 13 Dec 2016

Today Treasury released a paper seeking feedback on the proposed financial product design and distribution obligations, and proposed product intervention powers for ASIC. The proposals are intended ...

Updated fee and cost disclosure - transition period extended
Insight 29 Nov 2016

ASIC has today announced that superannuation fund trustees and responsible entities will have until 1 October 2017 to comply with the updated fee and cost disclosure rules for PDSs set out in ASIC ...

Risk culture - 'an evolving area of supervisory practice'
Insight 03 Nov 2016

Michael Mathieson Written by Senior Regulatory Counsel Michael Mathieson A director of a bank, life company or general insurer who read APRA's recent information paper on risk culture could be excused for indulging in a wry smile. Since ...