ASIC is examining the allocations process in capital raising transactions We report on ASICs allocations project and the influences that the regulators in the UK and in Europe may have on the project ...

The Australian Financial Complaints Authority AFCA the new one-stop-shop for resolving financial complaints has had a very busy first six months of operation ...

In examining the topic of consumer lending the Commission considered issues arising from the sale of credit products ndash including residential mortgages car finance and credit cards - by reference to case studies involving the four major banks as well as Aussie Home Loans and Citi ...

Although the Commissioner says that the Royal Commission is part of the executive and not the judiciary and that he is therefore not able to make any findings of law he comes pretty close in his views in response to Round 2 And in some important respects those views do not correspond with ...

ASIC has extended the transition periods for certain fees and costs disclosure obligations applicable to superannuation funds and managed investment schemes by a further year pending the release of its consultation paper on the regime ...

Allens has written over the course of this year, the Royal Commission will bring and in fact already has brought monumental changes both in how banks are regulated and to the actual laws that apply ...

Although more than 6500 second round submissions have been made to the Financial System Inquiry submissions made by ASIC and APRA will be read with greater interest than most The recommendations in these submissions are likely to be given greater weight by the FSI panel members and could find their ...

Major reforms to environmental bonds and rehabilitation requirements are proposed in two discussion papers released by the Queensland Government All mining sector operators should understand how the reforms will impact their current and proposed operations Partner Bill McCredie and Senior Associate ...

ASICs new regulatory guidance focuses on managing conflicts of interest and material non-public information when providing sell-side research As well as providing extensive guidance on managing conflicts of interest during the capital raising process ASIC provides its views on payment of ...

Australias lack of enforcement of foreign bribery legislation has attracted increasing criticism in recent years but the Federal Government is expected to soon table legislation proposing wide-ranging reforms We look at two key proposed changes for Australian companies ...