This is a significant week for the life insurance industry with the re-introduction by the Federal Government of a Bill to reform commissions payable on life insurance policies the release by ASIC of findings of its review of life insurance claims and the launch yesterday by the Financial Services ...

In this issue we look at how redundancies can breach enterprise agreement provisions whether union officials can exercise their right of entry entitlements before or after work reasonable notice terms in employment contracts and the processes a labour hire company should follow before dismissing an ...

In this issue we look at a Fair Work Commission decision that highlights the issue of costs in relation to a vexatious claim the consequences for employment law in the wake of the Coalitions return to power and an enforceable undertaking to reimburse a large number of underpaid employees ...

APRA has released its long-awaited Prudential Standard CPS 226 Margining and risk mitigation for non-centrally cleared derivatives While these rules are based on the Draft released in February of this year and address some of the concerns raised during the consultation process there are still a ...

Because biosimilars and their reference biologic medicine are not identical whether compared to each other or even between biosimilars it is important to know which product has been used ...

Foreign financial services providers relying on passporting a foreign licence to provide their services in Australia will find their regulatory relief could be expiring in 2 years - and has become subject to a new condition - following ASICs actions to repeal the ASIC Class Orders which give effect ...

There have been significant developments in Australian competition law over the last 12 months, both from a merger review and enforcement perspective. This Insight examines some of the key trends. ...

The Australian Financial Complaints Authority AFCA the new one-stop-shop for resolving financial complaints has had a very busy first six months of operation ...

APRA and ASIC issued a joint letter to all RSE licensees entitled 'Oversight of fees charged to members' superannuation accounts' in early April, in response to the 'fee for no advice' issue that attracted so much attention in the Royal Commission ...

Taking effect from 5 May 2019, a new Decree on labour outsourcing services has been introduced with changes including a relaxation of licence application conditions, and the imposition of further restrictions in relation to the deposit aimed at providing greater protection for contract employees. ...