2,094 results found

The bill to implement the foreign financial service provider (FFSP) exemptions to the requirement to hold an Australian financial services licence (AFSL) has lapsed on the dissolution of Parliament...

Peter Luke from our Banking & Finance team speaks with BRR Media about recent trends in foreign investment in Australia.

ASIC may introduce a modified AFS licence for FFSPs relying on 'sufficiently equivalent' relief under class orders.

On 19 February 2024, ASIC reissued Regulatory Guide 148: Platforms that are managed investment schemes and nominee and custody services (RG 148).

On 18 January 2024, the Australian Law Reform Commission (ALRC) published Confronting Complexity: Reforming Corporations and Financial Services Legislation (Final Report)...

Over the past year, one truth has become unmistakably clear for the banking industry: managing complexity is not a transient state; it is simply the air the modern bank must breathe.

The AML/CTF Act has been amended to clarify how penalty units accrue for those businesses not enrolled with AUSTRAC.

Construction businesses can appear profitable while facing severe cash flow crises. Victor Zhou, a fractional CFO specializing in construction, reveals why cash shortages develop in building and development firms, how to spot warning signs before it's too late, and why securing additional funding often masks deeper structural problems that continue draining resources.

The Superannuation Industry (Supervision) Act allows a superannuation fund to borrow to purchase an asset on trust (instalment warrant trust) provided section 67(4A) is complied with.

All Australian financial services licensees with a retail authorisation, Australian credit licensees and certain unlicensed entities...

Company attempted to style selling goods as consumer leases when they were credit contracts.

The updated version of Minter Ellison's Integrated FSR Toolkit is now available. It is an essential aid to understanding the financial services regime and includes information up to 30 September 2007.

With smaller cap corporates on significant growth trajectories, multi-lender financing is popular in the middle markets.

The government recently brought into force new laws regulating access to share registers. Although aimed primarily at unsolicited share offers, the Corporations Amendment (No 1) Act 2010 restricts access to registers for a far wider range of users.

A new independent standards body for financial advisers will develop education standards and code of ethics requirements.

Legislation mandating new professional standards for financial planners and advisers has been passed in the lower House.

It appears that the transition to licensing for Australian accountants and financial advisers is a four-stage process.