3451-3460 of 4383 results
Bank technology failures: A new frontier for regulatory intervention?
The UKs regulatory authorities have imposed the largest ever fines in Europe for technology failures in the financial services industry following a serious IT incident affecting more than 65 million customers in the UK It should serve as a cautionary tale for Australian financial institutions ...
Opportunities for financial services from the China-Australia FTA
The Australian and Chinese governments recently announced the conclusion of negotiations on the China Australia Free Trade Agreement According to DFAT Chinas financial services commitments under the agreement represent one of the most substantial market access undertakings China has agreed to with ...
Allens insights: NSW's rail future back on track
The New South Wales Governments long-term transport plan has taken a giant step forward with the financial close of the operations contract on the North West Rail Link - Australias biggest public transport project Allens partner Phillip Cornwell and Senior Associate Scott McCoy who worked on the ...
Will deductions by employees for home to work travel fly?
A recent Federal Court decision means 'fly-in fly-out' workers cannot claim tax deductions for the cost of transport to and from work. ...
Taxation of certain unit trusts - 'attribution' model to replace 'present entitlement'
You may be forgiven for having lost track of the proposed reforms to the taxation of managed investment trusts or MITs given that this initiative has been announced by successive Federal governments since 2010 Finally though an exposure draft of new legislation is expected to be released before ...
TGA confirms its approach to disclosure of commercially confidential information
The Therapeutic Goods Administration has released the final version of a document outlining its approach to the disclosure of commercially confidential information including information provided by medicine sponsors This follows the release of a draft version in June 2013 and a period of public and ...
Productivity Commission - third party litigation funding and contingency fees
The Productivity Commissions draft report on its inquiry into Australias system of civil dispute resolution has now been released The comprehensive review focuses on ways to constrain costs and promote access to justice One of the areas the Productivity Commission is examining is Australias private ...
Superannuation retirement phase - lessons from recent UK annuity changes
A key risk faced by self-funded retirees is the possibility that their superannuation savings will not last as long as they will While lifetime pensions and annuities issued by life companies can assist in addressing this risk there has traditionally been a relatively low uptake of these products by ...
Abolition of the Victorian Energy Efficiency Target
The Victorian State Government has announced the closure of the Victorian Energy Efficiency Target Scheme at the end of 2015 which will remove the annual obligation of large energy retailers to surrender energy efficiency certificates as well as the financial benefits provided by the scheme for ...
Will ASIC shift its regulatory focus from disclosure to suitability?
The Financial System Inquiry inevitably the Murray Inquiry is the successor of the Campbell Inquiry 1979-1981 and the Wallis Inquiry 1996-1997 Both the Campbell and Wallis reports considered that investors were best protected through disclosure and market integrity rules Both reports assumed that ...