Error: Can't connect Warning: mysqli_query() expects parameter 1 to be mysqli, null given in /home/customer/www/hsfnotes.com/public_html/wp-content/themes/hsfnotes/template-parts/tpl_filters.php on line 186
Warning: mysqli_fetch_assoc() expects parameter 1 to be mysqli_result, null given in /home/customer/www/hsfnotes.com/public_html/wp-content/themes/hsfnotes/template-parts/tpl_filters.php on line 187
In this Funds Update for 22 September 2023: ASIC remakes three class orders for managed fund issues and withdrawals 2023–24 NSW Budget Update: Key stamp duty changes ASIC commences civil penalty provisions against crypto exchange provider for alleged DDO failures ASIC remakes three class orders for managed fund issues and withdrawals On 15 September 2023, … Read more
EP 6: Scams – A customer’s rights, a bank’s obligations Join Partners Andrew Eastwood and Peter Jones and Senior Associate David Curley for a look at who is responsible when a bank’s customer is scammed. Soundcloud | Spotify | Apple About the FSR GPS Podcast Series Our “FSR GPS” podcast series explores topical and emerging issues in financial services … Read more
On 7 August 2023, Treasury published exposure draft legislation titled Treasury Laws Amendment (Measures for Future Bills) Bill 2023: Licensing exemptions for foreign financial service providers (Bill) and the accompanying Explanatory Memorandum for consultation. Our team has made a formal submission on this consultation. For several years, foreign financial services providers (FFSPs) and their Australian … Read more
In this Funds Update for 8 September 2023: ASIC publishes Corporate Plan 2023–2027 with strategic focus on DDO ASIC issues new legislative instruments for financial resource requirements and platforms ASIC publishes review of OTC derivatives issuers’ compliance with DDO ASIC proposes to remake financial reporting legislative instrument for stapled entities Commonwealth Parliament passes financial accountability … Read more
EP 5: Trends and predictions in insurance Join Partner Michael Vrisakis and Senior Associate Tamanna Islam in conversation on some of the key trends and challenges facing the insurance industry in Australia. Soundcloud | Spotify | Apple About the FSR GPS Podcast Series Our “FSR GPS” podcast series explores topical and emerging issues in financial services regulation … Read more
In this edition of FSR GPS, we set out some useful tips to help licensees calculate the 30-day reporting deadline under the ASIC breach reporting regime. A licensee is required to report to ASIC within 30 days after it first knows that, or is reckless with respect to whether, there are reasonable grounds to believe … Read more
In this Funds Update for 25 August 2023: NSW bill introduced to address trustee benefits and section 249E Crimes Act ASIC proposes to extend design and distribution obligations instrument ASIC consults on extending its short-term credit and continuing credit contracts product intervention orders ASIC commences a greenwashing case against a superannuation fund Full Federal Court … Read more
EP 4: Spotlight on greenwashing Partners Luke Hastings and Mark Smyth, together with Senior Associate Sarah Webster, cast a spotlight on greenwashing and explore how this topical issue is affecting the financial services sector. Soundcloud | Spotify | Apple About the FSR GPS Podcast Series Our “FSR GPS” podcast series explores topical and emerging issues in financial … Read more
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. This included the proposed Regulator Rules and the ‘Key Functions’ descriptions for ADIs (Consultation Documents). Our team has made a formal submission on this consultation. While we welcome the … Read more
