Legal and compliance leaders often ask us: what are the top enforcement risks we face and how can we prepare? In this report we cover the key themes running through regulatory enforcement activity in 2022 and what they will mean for you in 2023. Most sectors will be impacted by the seven key trends. ...

Filings: what have we seen and what's to come? Before the publication of the Final Report, the matters raised during the Royal Commission resulted in either the commencement or investigation of class actions in relation to: Superannuation ...

Covered in this webinar:  Further information on topics and speakers will be released in the new year.  ...

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 webinar takes 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. This webinar takes 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. ...

Covered in this webinar: Consultation on the first tranche the Albanese Government's 'Delivering Better Financial Outcomes' package of reforms, addressing several recommendations from the Quality of Advice Review; and ASIC's civil penalty proceedings against Telstra Super Pty Ltd, being the first case to test the application of the internal dispute resolution obligations in s912A of the Corporations Act. ...

Covered in this webinar: a fast transition, in which gas is quickly replaced with other sources of energy; and a softer transition, in which gas is used as a fuel source over the longer term, in conjunction with renewable sources. ...

Covered in this webinar: The latest from the Court of Appeal on conflicted remuneration and financial product advice The Financial Accountability Regime ...

There is a growing appetite for litigation and regulatory enforcement in the insurance industry. In the wake of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (the Financial Services ...

Class action risk is changing. While filings remain high, consumer claims now dominate and, for the first time in over a decade, the banking sector is not the biggest target.  ...

Class action filings rebounded in 2023, making it the second biggest year for filings of all time. While consumer claims continue to dominate, claims from shareholders and employees remain significant areas of risk. ...