Allens online learning

Covered in this webinar: 

• APRA enforcement update – In July 2024, APRA announced it had agreed to accept an enforceable undertaking from OnePath Custodians, and that OnePath had paid $10.7 million under infringement notices issued by APRA. This matter is one of the more significant enforcement actions by APRA in recent years and is part of an increasing trend in APRA enforcement activity. We will take a look at the case in detail, including some of the key takeaways for superannuation trustees and other APRA-regulated entities.
• DDO enforcement update – ASIC has successfully prosecuted the first two design and distribution obligations cases. We will take a look at some key findings from those cases, including the court's view on what constitutes 'reasonable steps' for issuers and distributors of financial products and an issuer's obligation to monitor and review data.

This session was recorded on Friday, 6 September 2024 at 12pm.

CPD points

Please read the online learning FAQs to confirm eligibility for CPD points.

Special note for WA lawyers – to satisfy the requirement for CPD in WA the viewing/activity must be completed within 12 months of the session date.

Core area: NSW/VIC/WA Substantive Law | Non-core area: QLD Other (Substantive Law)
1 hour – 1 CPD point.