511-520 of 1067 results
The Financial System Inquiry - matchmaking superannuation and infrastructure investment?
The vast pool of capital held in Australian superannuation funds now approximately A18 trillion has long been touted as a natural solution to Australias infrastructure funding deficit With the stable long-term cash flows characteristic of infrastructure assets providing a natural fit to the ...
Disclosure: current complexity, future clarity?
Since the 1996 Wallis Inquiry disclosure has been at the heart of the regulatory philosophy for the retail financial services sector in Australia Under the Financial System Inquirys terms of reference the Inquiry will refresh the philosophy principles and objectives underpinning the development of a ...
ASIC's proposed competition objective
In its submission to the Financial System Inquiry the Australian Securities and Investments Commission has proposed the addition of a statutory objective to enable ASIC to consider the impact of its decision making on competition when exercising its statutory powers and functions This paper explores ...
Allens insights: Brave new world where financial advisers work in sales
The Senate Economics Committees Report into ASICs performance is an interesting read It opens by calling ASIC a timid hesitant regulator too ready and willing to accept uncritically the assurances of a large institution And continues in a similar vein for almost 500 pages ASIC says it does the best ...
Rethinking Australia's regulatory approach to securitisation
The Australian securitisation market was arguably more resilient than many during the GFC However certain regulatory and structural features of the Australian securitisation market have hampered its growth and the ability of Australian issuers to tap the full potential of investor demand ...
Strata title reform in NSW - potential impact on developers
The NSW Governments proposed reforms to strata title laws may impose greater obligations and costs on developers that could be passed on to buyers adding pressure to property prices The NSW Governments view however is that these impacts will be offset by a reduction in disputes Partner Nicholas ...
Significant changes to Victorian Civil and Administrative Tribunal powers
New legislation will implement significant changes to the administration of the Victorian Civil and Administrative Tribunal in a bid to improve efficiencies. This insight explores key changes to VCAT's powers in the context of its planning jurisdiction. ...
Improving accountability and member outcomes in superannuation?
The Federal Governments proposed new superannuation legislation imposes significant new obligations on RSE licensees and could have a material effect on shareholders The Allens Superannuation team reports on the key changes ...
New corporate collective investment vehicle exposure draft legislation released
The Federal Government today released exposure draft legislation for the new corporate collective investment vehicle one of the two forms of collective investment vehicle that it pledged to develop as part of the 2016-2017 budget Partners Marc Kemp and Charles Armitage and Senior Overseas ...
Approved product lists and FoFA adviser duties
The FoFA duties that apply to personal advice given to retail clients have been operating for over four years now. ASIC has enjoyed some recent success in the courts in cases brought on the basis of those duties. ...