2,094 results found

It must be very tempting for marketing departments of financial institutions to push the boundaries on advertising.

ANZ was the respondent in a class action which challenged the legality of ANZ charging these bank fees to its customers.

The recent Compliance Committee Forum webinar included updates for fund managers and a discussion on greenwashing.

The process for renewing Ongoing Fee Arrangements (OFA) has been simplified.

The industry funding model allows ASIC recover its regulatory costs from industry through levies and fees-for-service.

In the 2009 Federal Budget, the Government announced its intention to repeal the Foreign Investment Fund (FIF) rules. The exposure draft of the Tax Laws Amendment (Foreign Source Income Deferral) Bill (No.1) 2010 which contained the repealing provisions was released by the Assistant Treasurer on 18 December 2009.

On 30 November 2023, the Treasury Laws Amendment (Better Targeted Superannuation Concessions) Imposition Bill (Bill) was tabled in the House of Representatives...

In July 2023, ASIC and APRA released key materials for consultation, to support the implementation of the Financial Accountability Regime (FAR) by the financial services industry.

The Securities Commission has issued a discussion paper on the regulation and supervision of financial advisers under the Financial Advisers Act 2008.

In a competitive lending market, as well as price, lenders must show flexibility when negotiating financial covenants.

The Full Federal Court (the Court) has ruled in favour of the Australian Securities and Investments Commissions' appeal as to whether BPS Financial Pty Ltd could rely on the ‘authorised representative' exemption in relation to issuing their ‘Qoin Wallet' product.

Cash (payment) is being replaced with various forms of electronic non-cash payments, to create records of transaction.

The Australian Securities and Investments Commission (ASIC) has published information highlighting the challenges First Nations persons face in respect of identity verification...

The Parliamentary Joint Committee on Corporations and Financial Services (Committee) has commenced an inquiry into the wholesale investor test for offers of securities...

On 4 August 2023, Treasury published a Consultation Paper on its review of the regulatory framework for managed investment schemes.

The National Consumer Credit Protection Reform Package (NCCP Package), comprising of the 3 Bills, the National Consumer Credit Protection Bill 2009 (NCCP Bill), the National Consumer Credit Protection (Fees) Bill 2009 and the National Consumer Credit Protection (Transitional and Consequential Provision) Bill 2009, were passed by the Senate on 26 October 2009 and are awaiting assent.

Article comments that the CDR is a step closer to implementation and contains a link to a previous update containing advice.