271-280 of 464 results

Proposed changes to Credit Risk Management Prudential Standard (APS220)
Insight 23 Dec 2020

In the absence of the Responsible Lending Obligations, lending by Australian banks will be regulated by APRA. This means the new Credit Risk Management Prudential Standard (APS220) will be the central legislative guidance in designing consumer assessment and lending protocols. ...

Insurance sector reform under the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
Insight 30 Nov 2020

After several months of delay due to COVID-19, the Bill implements a large number of the Hayne Royal Commission recommendations, and in particular picks up several of the recommendations that are aimed at reforming the insurance sector. ...

Continuous disclosure during COVID-19: shining the spotlight on earnings and debt
Insight 06 Apr 2020

In its latest compliance update, ASX reiterated that entities in financial difficulty (including with respect to their debt arrangements) will receive no special treatment. On earnings guidance, it was acknowledged that many listed entities have taken the opportunity to withdraw guidance issued before the outbreak of COVID-19. ASX also strongly encouraged entities to review their published guidance in light of COVID-19 and to either update it if it was not current or withdraw it in this highly uncertain climate. ...

ASIC finalises new regulatory framework for foreign financial services providers
Insight 13 Mar 2020

The Australian Securities and Investments Commission has unveiled the much-anticipated new regulatory framework for foreign financial services providers that supply financial services to wholesale clients in Australia. foreign financial services providers ...

Round 6: Insurance
Issues 10 Feb 2019

The sixth round of public hearings considered issues associated with the sale and design of life insurance and general insurance products, the handling of claims under life insurance and general insurance policies, and the administration of life insurance by superannuation trustees. ...

Round 2: Financial Advice
Issues 10 Feb 2019

In her summary my colleague, Michelle Levy, said her initial reaction was that the recommendations in the Final Report were modest but, on a second reading, some would set a cat among the pigeons. ...

Round 3: Lending Practices to Small and Medium Enterprises
Issues 10 Feb 2019

Throughout the Royal Commission, Commissioner Hayne grappled with the difficulties of striking an appropriate balance between ensuring that small and medium enterprises (SMEs) have access to credit, and imposing standards on the provision of that credit to protect SME borrowers and third-party guara ...

Thin cap: debt deduction creation regime
Insight 25 Sep 2023

In this insight, we analyse the new debt deduction creation regime and discuss its potential implications. ...

First NSW REZ access auction – a guide to LTESAs and access rights
Insight 20 Sep 2023

The competitive tenders for long-term energy service agreements (LTESAs) are underway, forming part of the delivery of the NSW Energy Infrastructure Roadmap by the State Government. This Insight gives a high-level overview of the key terms of LTESAs and the REZ access rights agreements. ...

Significant changes to regulation of US private funds: what Australian sponsors and investors need to know
Insight 11 Sep 2023

The US Securities and Exchange Commission (SEC) has adopted new Rules to regulate the private fund industry under the US Investment Advisers Act of 1940. The new Rules are designed to increase transparency and provide additional investor protections. ...

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