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  • Article

    When loans go bad: Supreme Court sides with ANZ on unconscionable conduct claim

    If a borrower or guarantor cannot show that a lender knowingly took advantage of a vulnerability, a claim of unconscionability will fail.
    AustraliaCorporate/Commercial Law
    ClarkeKann Lawyers
    ClarkeKann Lawyers
  • Article

    Is greed ever good? Unpacking parts of the banking royal commission

    Article discusses the banking industry, corruption, the need for reform in particular of the culture of organisations.
    AustraliaCriminal Law
    Coleman Greig Lawyers
    Coleman Greig Lawyers
Article

Superannuation & Funds Management Update

On Thursday, 9 July 2009, ASIC issued Class Order Relief permitting superannuation fund trustees and financial advisers to give more information and advice (intra fund advice) to members about their existing interests in their superannuation funds.
AustraliaEmployment and HR
DLA Piper Australia
DLA Piper Australia
  • Article

    Australian Carbon Credit Scheme Under Scrutiny

    With a change of Australia's federal government in May 2022, there has been a radical shift in the country's position on climate change mitigation and the energy transition.
    AustraliaEnvironment
    Jones Day
    Jones Day
  • Article

    Ground Breaking Climate Change Lawsuit Settles On Court House Steps

    After more than two years, and on the day the trial was due to commence, the ground-breaking climate change lawsuit brought against one of Australia's largest super/pension funds...
    AustraliaEnvironment
    Johnson Winter & Slattery
    Johnson Winter & Slattery
  • Article

    What is an enduring power of attorney (EPOA)?

    An EPOA deals with your finances if you lose capacity or are unable to attend to finalising matters for yourself.
    AustraliaFamily and Matrimonial
    Colin Biggers & Paisley
    Colin Biggers & Paisley
  • Article

    As 1 July approaches, the FOFA amendments continue

    Proposed amendments to the Corporations Act will restrict the expressions "financial planner" and "financial adviser".
    AustraliaFinance and Banking
    Corrs Chambers Westgarth
    Corrs Chambers Westgarth
  • Article

    ASIC's Latest Enforcement Update Continues To Reflect An Assertive Enforcement Approach

    The report reveals a record number of court filings and monetary penalties and confirms a continued focus on COVID-19-related issues going forward.
    AustraliaFinance and Banking
    Jones Day
    Jones Day
  • Article

    ASIC announces compliance focus areas for 30 June 2017 financial reports

    The release highlights key areas for reporting entities to address and focus on in preparing 2016/2017 financial reports.
    AustraliaFinance and Banking
    McCullough Robertson
    McCullough Robertson
  • Article

    ASIC consults on its proposal to repeal and replace the ASIC class orders for Foreign Financial Services Providers with modified licensing regime

    Discussion of CP301 released by ASIC – background, key proposals, initial observations & consultation process.
    AustraliaFinance and Banking
    Norton Rose Fulbright Australia
    Norton Rose Fulbright Australia
  • Article

    ASIC continues crack down on pay day lending avoidance models

    Two businesses involved were Cash Loan Money Centres and Sunshine Loans.
    AustraliaFinance and Banking
    Hunt & Hunt
    Hunt & Hunt
  • Article

    ASIC Makes Capital Raising And Disclosure Easier

    The Australian Securities and Investments Commission (ASIC) has implemented a number of measures to enhance market disclosure and facilitate capital raisings.
    AustraliaFinance and Banking
    HopgoodGanim
    HopgoodGanim
  • Article

    Australian financial services licence (AFSL) costs

    What are the costs in applying for your own AFSL & what should you be prepared for?
    AustraliaFinance and Banking
    Holley Nethercote
    Holley Nethercote
  • Article

    Australian Regulator Wins Case Against Financial Services Licensee For Inadequate Management Of Cyber Risks

    For the first time in Australia, the Federal Court has found that a failure to adequately manage cybersecurity risks constitutes a breach of general Australian financial...
    AustraliaFinance and Banking
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Australian update on CIVs, Asia Region Funds Passport and Islamic financing

    The 2016-17 Australian Budget unveiled two significant tax changes designed to attract capital from overseas investors.
    AustraliaFinance and Banking
    Norton Rose Fulbright Australia
    Norton Rose Fulbright Australia
  • Article

    Cloud computing - why is APRA concerned?

    Financial institutions are too optimistic about cloud computing benefits, without consideration of the associated risks.
    AustraliaFinance and Banking
    KordaMentha
    KordaMentha
  • Article

    Compensation Scheme Of Last Resort (CSLR)

    The operator of CSLR has released the latest actuarial report commissioned on the scheme and the initial estimates of projected levies for 2025 / 26 (3rd levy period), triggering widespread concern across the financial services industry and immediately prompting the Treasury to announce a comprehensive review of the scheme.
    AustraliaFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Consultation Paper released on APRA’s Crisis Management Powers

    The proposed options will align the regulatory framework and international standards for crisis management arrangements.
    AustraliaFinance and Banking
    Hunt & Hunt
    Hunt & Hunt
  • Article

    Dangers of ATO Payment Plans for lenders

    Discusses risks associated with payment plans & provides recommendations to lenders to effectively manage them.
    AustraliaFinance and Banking
    Piper Alderman
    Piper Alderman
  • Article

    Debt Management Licensing Amendments – Are you impacted?

    Debt management services now fall under the ambit of Credit Activity & are subject to a number of new compliance requirements.
    AustraliaFinance and Banking
    Rostron Carlyle Rojas
    Rostron Carlyle Rojas
  • Showing 281–300 of 2094 results

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