811-820 of 1057 results
Make informal payment arrangements for construction work at your own peril
A recent decision of the New South Wales Supreme Court serves as a timely reminder that a construction contract under security of payment legislation can include an arrangement to carry out construction work that is not legally enforceable Managing Associate Nicholas Ng Associate Matt Thomas and ...
What the regulators said at the ASFA Conference
Earlier today representatives of ASIC and APRA provided some insights into their thinking at a session called Up close and personal with the regulators at the annual conference of the Australian Superannuation Funds Association in Melbourne Senior Regulatory Counsel Michael Mathieson reports ...
Bank technology failures: A new frontier for regulatory intervention?
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 ...
Fighting to protect Fintech innovations
The growth of financial services technology or Fintech as it is now called has exploded in recent years yet many of its creators dont realise that their innovations are patentable ...
The disallowance of the FoFA Streamlining Regulation - what has been missed in all the noise?
The Senates disallowance of the Corporations Amendment Streamlining Future of Financial Advice Regulation 2014 was messy However the same could be said of the process by which FoFA was originally enacted ...
PPSA amendments for 'serial numbered goods'
New legislation will amend the Personal Property Securities Act to remove the provision that deems leases of serial-numbered goods of more than 90 days to be a PPS lease These amendments will primarily benefit businesses in the leasing industry and will have a minimal but positive effect on ...
Draft planning policy framework for Victoria - open for comment
The Ministerial Advisory Committee appointed to review the Victorian State Planning Policy Framework has released a draft version of a new Planning Policy Framework that reorganises the policy framework into themes and updates the policy content to include new policies to support Plan Melbourne and ...
Workplace Relations
We look at a unions contravention of the general protection laws new legislation that will expand the powers of the federal building industry regulator the Fair Work Commissions ruling on urine testing and its implications for employers a Fair Work Commission ruling affirming reinstatement as the ...
Government releases FOFA regulations
The Governments much anticipated FOFA regulations were registered today and provide significant relief for benefits provided to employees and representatives of product issuers who provide general advice They also expressly allow bonuses to be linked to successful product sales providing the bonus ...
ASIC's no action position on the wholesale/retail test for self-managed super funds
The Australian Securities and Investments Commission has announced that it will take no action where a self-managed superannuation fund trustee is treated as a wholesale client notwithstanding that the trustee does not have to meet the 10 million net asset threshold even though the financial service ...