981-990 of 1046 results
PPS deregulation measures to take effect
From 1 October 2015 short-term leases of serial numbered goods will no longer be deemed security interests under the PPSA Businesses should review their current PPS policies and where appropriate implement changes to processes as Partner Karla Fraser and Lawyer Katharine Ward explain ...
Draft rules published for mandatory central clearing of derivatives and single-sided reporting
ASIC has published draft rules for mandatory central clearing of certain derivatives while Treasury has published draft regulations that would permit single-sided reporting of Over-the-Counter Derivatives in some situations Partner Tom Highnam and Lawyer David Lewis discuss the implications of these ...
Extensive amendments to retail shop leases legislation in Qld
New legislation has been introduced into the Queensland Parliament that will make significant amendments to a number of the provisions of the existing legislation governing retail shop leases in Queensland Partner John Beckinsale and Special Counsel Christine Adamson report on the major changes ...
Review of Card Payments Regulation
The level of public interest and popular support for regulation targeting excessive surcharging makes card payment regulation likely to be one of the first areas of reform following the publication of the Final Report of the Financial System Inquiry the FSI Report ...
Nudge, nudge, think, think - ASIC and behavioural economics
In 2014 ASIC started promoting the use of behavioural economics in its regulatory activities Two reports recently released by ASIC provide clues as to how ASIC may try to counteract behavioural biases in the future ...
Protecting the financial system from cross-border contagion
In the aftermath of the global financial crisis governments and regulators have been busy identifying ways to better protect the financial system from future shocks Among these are measures for arming financial regulators with a more comprehensive crisis management toolkit Of particular concern are ...
Draft rules and more consultation for the Asia Region Funds Passport
APECs Working Group on the proposed Asia Region Funds Passport has issued a second consultation paper on the rules and operational arrangements for the Passport and seeks views from the public on a limited number of issues Managing Associate Janna Vynokur and Senior Associate Matthew Symmons report ...
Retail life insurance advice - ASIC's views on FoFA revealed
The Australian Securities and Investments Commission released its report reviewing retail life insurance advice yesterday The report provides insights into ASICs views on the Future of Financial Advice FoFA Partner Michelle Levy and Senior Regulatory Counsel Michael Mathieson report ...
The best interests duties - process or outcome?
Superannuation fund trustees and their lawyers including this one have been grappling for years with what the covenant in section 522c of the Superannuation Industry Supervision Act 1993 means What must a trustee do to exercise its powers and discharge its duties in the best interests of ...
MySuper and promoting the financial interests of MySuper beneficiaries
An examination of a trustees duty to promote the financial interests of its MySuper beneficiaries is it outcomes-based or process-based ...