4181-4190 of 4478 results
Recent decision on FoFA advice provisions - ASIC v NSG
The recent case of ASIC v NSG Services Pty Ltd considers the FoFA best interests and appropriate advice provisions, as well as obligations of licensees. While the facts of the case provide an extreme example of how advisers and licensees can fail to comply with these duties, it also provides some us ...
Ashley Madison - litigation risks exposed
The recent hacking of website AshleyMadisoncom has exposed the websites parent companies to lawsuits in the US and Canada and has attracted the attention of the Australian Privacy Commissioner ...
Government rejigs electronic health records system with opt-out approach
The Federal Governments electronic health records system may have a new lease on life following the introduction of a new Bill that attempts to improve the systems effectiveness with key changes such as the transition to an opt-out approach Partner Ian McGill Senior Associate Phil OSullivan and ...
Governance of energy market fundamentally sound, but with potential for improvement
The final report of the Review of Governance Arrangements for Australian Energy Markets has made a number of recommendations to improve the effectiveness and efficiency of each governing body in the Australian energy market while concluding that the governance arrangements are fundamentally sound ...
Mixed reactions to changes to new CBD height limits
The Melbourne Planning Scheme has recently been amended to introduce mandatory built form controls to the central business district and Southbank area Managing Associate Meg Lee and Associate Kate Kirby report on the changes and on the reactions of key stakeholders ...
Adviser misconduct and client losses - ASIC's views
ASIC has released a consultation paper about client review and remediation programs to address client losses because of adviser misconduct Partners Michelle Levy and Malcolm Stephens look at what ASIC says a licensee should do if they identify systemic misconduct by advisers providing personal ...
Allens Accelerate: Get ready for the #IdeasBoom!
Prime Minister Malcolm Turnbull has unveiled the hotly awaited National Innovation and Science Agenda NISA The Prime Minister declared the beginning of the Ideas Boom stating that unlike the mining boom this is a boom that can continue forever The NISA comprises more than 20 individual policies and ...
Queensland resource legislation is 'back to the future'
The Queensland Government is continuing its review of mineral and energy resource legislative reforms with proposed amendments currently before Parliament many of which undo earlier proposed reforms Partner Ben Zillmann Senior Associate Giselle Kilvert and Associate Andrea Moffatt consider the ...
Are property development agreements subject to stamp duty in Victoria?
The Victorian Supreme Court has ruled that a property development agreement is not subject to duty in Victoria unless it relates to all of the landholdings of a landholder The decision which is the first to test the extent to which property development agreements are subject to duty in Victoria ...
Providing digital financial product advice to retail clients
ASIC is consulting on a new regulatory guide for providers of digital financial product advice or robo-advice The regulatory guide is intended to help new entrants and existing Australian financial services licence holders For new entrants and licensees needing a reminder there is a nice summary of ...