Search Result
-
Services Agreements in financial services. What are the essentials?
05 Nov 2025No doubt you will be aware of the alarming number of high-profile Federal Court proceedings commenced this year that deal with AFSL holders monitoring and supervising their service providers (or not)
-
Section 30 and Section 33 Notices – ASIC’s Power to Compel Production of Books
05 Apr 2024The Australian Securities and Investments Act 2001 (ASIC Act) gives ASIC the power to issue section 30 and section 33 notices compelling the production of certain books. Section 30 and section 33 n
-
RSE Licensees – Changes in Financial Services Obligations for Superannuation Funds
22 Jul 2021A number of changes to the financial services laws have taken effect in 2021 which are of particular application to trustees of superannuation funds which are not self-managed superannuation
-
Royal Commission Review
06 Apr 2020In a 1-hour webinar, Paul Derham, Kath Bowler and I discuss the largest issues in the financial services industry following the 2018 Royal Commission. Importantly, we learned that the large majori
-
Room to improve AML/CTF Systems and Controls – Our take on AUSTRAC’s Risk Assessment
25 Oct 2017In July 2017, AUSTRAC released its latest money laundering and terrorism financing (ML/TF) risk assessment which focuses on the securities and derivatives sector. Similar to past risk asse
-
RG 271 – Are you ready for the new Internal Dispute Resolution (IDR) requirements?
02 Jul 2021The Australian Securities and Investments Commission (ASIC) released Regulatory Guide 271: Internal Dispute Resolution (RG 271) on 30 July 2020. ASIC’s internal dispute resolution (IDR)
-
RG 132: Financial Services Compliance Systems For Wholesale Managed Funds
05 Aug 2020In July 2018 ASIC issued its Regulatory Guide 132: Funds Management: Compliance and Oversight (“RG 132”) which looks into what constitutes an effective and responsive compliance management system
-
Retail vs Wholesale Clients – Regulatory Concerns and Responses
06 Sep 2025While there have been some changes to the wholesale client eligibility criteria since the FSR regime commenced in 2004, there has been little recent appetite from regulators or the Government for a mo
-
Responsible Managers and the Key Person Condition – The Consequences
20 Jan 2021We have previously discussed what does it mean to be a Responsible Manager? To recap, Section 912A of the Corporations Act, which sets out the key obligations of an AFS Licensee, requires a license
-
Responsible Lending Obligations to be Scrapped!
25 Sep 2020The Government has this morning announced major reforms to the National Consumer Credit regime including the scrapping of Responsible Lending Obligations (RLOs). Below is short summary of