Search Result
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Enforceable Undertaking – What you need to know as a licensee
17 Sep 2019An enforceable undertaking, or EU, is an undertaking offered to ASIC, by what we affectionately refer to as “the Pingee”, which sets out in writing certain actions that the Pingee is prepared to u
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Employment in a COVID world
03 Nov 2021The way we work, engage with clients, and manage our employment obligations has changed forever as a result of the arrangements which became necessary in order for professional businesses to continue
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Efficiently, Honestly and Fairly – What does it mean?
30 Sep 2019I’d like some “Efficiently, Honestly and Fairly” please, with a dash of “community expectations” thrown in.¹ I would like to start with what is, I think, an unarguable proposition. No
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Don’t tick off the regulator: the role of the humble checklist
08 Jun 2022Misleading and deceptive advertising has been an enduring area of focus for ASIC – and a minefield for the licensees involved. We often remind our clients that ASIC regularly monitors the advertis
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Does your Organisation have a strong enough “Customer Voice”?
30 Sep 2020You’ve no doubt heard it on multiple occasions, we live in extraordinary times. Like so many other industries, the COVID-19 pandemic has brought significant challenges for financial services busin
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Do I really need to do Responsible Manager (RM) Training?
04 Jul 2022You’re busy. Demand for financial services is high and there’s a skills shortage. This leaves you with a lot to do. On top of that, your compliance consultant is saying you need to
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Do I need an AML Licence in Australia?
24 Nov 2023“Do I need an AML Licence in Australia?” is a commonly asked question. You might be surprised to learn that there is in fact no such thing as an Australian AML Licence. But, if you provide on
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Directors duties of a responsibility entity
05 Sep 2019Need a hand with understanding your duties as director of a responsible entity? Check out this case that made it all the way to the High Court. The case In the case, a responsible entity amended a s
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Design and Distribution Obligations – deferred but not forgotten. What do you need to do to prepare for the DDO regime?
23 Dec 2023The design and distribution obligations (DDO) may have been deferred for six months, but they’re not going away. Product issuers and distributors still need to prepare for the commencement of thi
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Data breaches are big news, but don’t forget the privacy basics
20 Dec 2019From February 2018 onward, the notifiable data breaches (NDB) regime introduced new obligations for Australian government agencies and private sector organisations that were already subject to the Pri