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Bold and sometimes radical - the final Murray report
Insight 07 Dec 2014

The Financial System Inquirys final report has been released We havent tested this with Word Cloud but we think the report can best be encapsulated in the word however The financial system has held up well however And what follows the however is often bold and sometimes radical There are five ...

Bank technology failures: A new frontier for regulatory intervention?
Insight 03 Dec 2014

The UKs regulatory authorities have imposed the largest ever fines in Europe for technology failures in the financial services industry following a serious IT incident affecting more than 65 million customers in the UK It should serve as a cautionary tale for Australian financial institutions ...

Opportunities for financial services from the China-Australia FTA
Insight 03 Dec 2014

The Australian and Chinese governments recently announced the conclusion of negotiations on the China Australia Free Trade Agreement According to DFAT Chinas financial services commitments under the agreement represent one of the most substantial market access undertakings China has agreed to with ...

Peer-to-peer lending - a disruptive threat to banks?
Insight 05 Dec 2014

The expansion of peer to peer lending in Australia will likely be a disruptive force for both banks and broader commercial stakeholders ...

Is the pain worth the gain?
Insight 01 Oct 2014

ASIC has undertaken a bit of a survey of licensees who provide financial product advice to retail clients to see how they are faring a year into FoFA ...

Can product suitability rules succeed where disclosure has failed?
Insight 08 Aug 2014

One of the more interesting possibilities raised in the Interim Report of David Murrays Financial System Inquiry is the introduction of product suitability requirements as a complement to the current disclosure regime The Interim Report presents a case for change but does not set out in detail what ...

Corporate law developments
Insight 09 Jul 2018

Welcome to our monthly snapshot of regulatory updates and other developments in corporate law We know you are busy so our focus is on capturing key issues ...

ASIC seeks to restrict stub equity, ACCC's Acacia Ridge rejection overturned and other developments
Insight 17 Jun 2019

ASIC seeks to restrict stub equity in control transactions; ASX reiterates its position on naming counterparties when announcing material transactions; ACCC's Acacia Ridge rejection overturned by Federal Court; and what the Coalition's election win means for employers. ...

ASIC steps up its attack on the use of stub equity in control transactions
Insight 06 Jun 2019

ASIC has issued its promised consultation paper on the use of stub equity in control transactions, which will, if adopted, have the potential to make the use of stub equity as an alternative form of consideration in schemes and takeovers more difficult. ...

ASIC consultation on fees and costs disclosure reform following expert review
Insight 18 Mar 2019

Its been a long five years or so of amendments to and consultation on the fees and costs disclosure regime for superannuation and managed investments products And industry might be forgiven for feeling a sense of dj vu with the release earlier this year of ASICs consultation paper on the regime ...

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