11-20 of 578 results
Financial services regulation update (May edition)
Covered in this webinar: CPS 230 implementation issues: many financial services organisations already have well-advanced projects addressing the new requirements, while others are starting work now. The webinar focuses on key implementation issues that entities need to consider as they work through the requirements and share key 'learnings' at this stage and best practice examples. Using AI in financial services: we have seen increasing interest from financial services providers in using AI to gain efficiencies as well as to deliver services to clients in new ways. The webinar looks at at use-cases for generative AI in financial services, and consider key issues from a governance, procurement, and regulatory perspective. ...
Quality of Advice Review – Q&A
Covered in this webinar: Following the release of the Quality of Advice Review Final Report, Allens will explore the recommendations to increase access to high quality, affordable and accessible financial advice for all Australians. ...
What this means for mortgage brokers and financial advisers
The response to the Final Report The Government's initial response to support the Recommendations was met with intense dissatisfaction and criticism from the mortgage broking industry. Industry groups argued that banning trail commissions ...
Financial services regulation update (November edition)
Covered in this webinar: The significant reforms to Australia's merger control regime likely coming into effect from 1 January 2026. What will the new regime look like? Which types of deals are likely to be caught? What practical issues should be considered before the new regime comes into effect? APRA's increasing scrutiny of expenditure by superannuation trustees. What are APRA's areas of likely focus for surveillance and enforcement action? What are the expenditure requirements in the new SPS 515? What practical steps can trustees take to prepare? ...
Allens advises LGT Crestone on acquisition of Commonwealth Private Advice
The business includes 19 investment advisers, approximately 500 clients and more than $5 billion in client assets. As part of the agreement, LGT Crestone will also integrate approximately 40 ...
APRA increasing scrutiny of expenditure by superannuation trustees
In this Insight, we highlight what APRA plans to do over the coming 12 months through surveillance and enforcement action and areas of its likely focus, and then set out practical steps trustees can take now to prepare for increased scrutiny and possible enforcement action from APRA. ...
Evolving litigation landscape: recent ESG disputes trends
In this Insight, we spotlight emerging trends, reflect on potential implications for future ESG-related disputes and provide practical guidance on both managing stakeholder expectations and mitigating the risk of litigation. ...
ASIC extends transitional relief for FFSPs
ASIC has again extended transitional relief for foreign financial services providers (FFSPs) relying on existing relief when providing financial services to Australian wholesale clients. ...
ASIC continues to prioritise compliance with financial hardship obligations
Lenders need to respond effectively to hardship notices. ASIC reviewed ten large home loan lenders to understand how they are supporting customers experiencing financial hardship. ...
ASIC targets superannuation trustees on financial advice fees
On 9 May 2024, ASIC released its report, REP 781 Review of superannuation trustee practices protecting members from harmful advice charges, outlining findings from its review of progress by superannuation trustees in addressing risks of member harm from poor financial advice and inappropriate advice ...