FSR GPS Podcast Series – EP10: Impact of quantum computing in financial services

EP 10: Impact of quantum computing in financial services In this episode, join Partner Peter Jones, Regional Head of Emerging Technology (APAC) Susannah Wilkinson, Senior Associate Anjelica Balis and Solicitor Nayan Bhathela as they explore the impact of quantum computing on the financial services sector. Soundcloud | Spotify | Apple      About the FSR GPS Podcast Series Our “FSR GPS” podcast … Read more

State of Play: Taking ‘reasonable steps’ under financial services law

On 29 February, Jackson J handed down the decision in Australian Securities and Investments Commission v R M Capital Pty Ltd [2024] FCA 151 (ASIC v RM Capital). The case concerned whether RM Capital Pty Ltd (RM Capital), a financial services licensee, took reasonable steps to ensure its authorised representative, The SMSF Club Pty Ltd … Read more

5 YEARS ON FROM THE ROYAL COMMISSION

It has been 5 years since Commissioner Hayne, in February 2019, released the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (FSRC). It was a watershed moment for the financial services sector, with the rippling effects still being felt 5 years on. It is safe to say … Read more

Regulatory Rumbles: Can an issuer be held liable for a distributor’s conduct?

Increasingly, ASIC has sought to hold product issuers responsible for the conduct of other entities down the distribution chain. The recent case of ASIC v Diversa Trustees Limited [2023] FCA 1267 (Diversa) is an example of this. In this edition of Regulatory Rumbles, we explore this trend and examine the legal bases for holding product … Read more

GLOBAL FSR OUTLOOK 2024: FINDING SOLID GROUND AS THE BEDROCK SHIFTS

In 2024, the character of change is more foundational – or fundamental – in nature than ever before. From ESG to AI, the shape of the world we live in is changing in a radical way. In this, our annual Global Outlook, we look at the paths through the shifting landscape for firms seeking solid … Read more

2023 wrap-up: AML/CTF reform, scams focus, tipping off and account closures

2023 wrap-up: AML/CTF reform, scams focus, tipping off and account closures In reflecting on the regulatory changes that have been implemented or proposed in 2023, a consistent priority has been protecting consumers from bad actors. The Federal Government has undertaken measures to introduce a whole of ecosystem approach to preventing scams. Australia’s unfair contract terms … Read more

HSF FSR Australia Notes – 2023 Wrapped

Welcome to HSF FSR Australia Notes – 2023 Wrapped! It has been another big year of regulatory change and enforcement action in the Australian financial services market, with DDO, unfair contract terms and breach reporting attracting a lot of attention and discussion among industry and the regulators. In our 2023 Wrapped, we take a look … Read more

FSR GPS Podcast Series – EP8: Scams Code Framework Briefing

EP 8: Scams Code Framework Briefing In this episode, Partners Charlotte Henry and Andrew Eastwood discuss the Australian Government’s recent consultation on the Scams Code Framework. Soundcloud | Spotify | Apple      About the FSR GPS Podcast Series Our “FSR GPS” podcast series explores topical and emerging issues in financial services regulation that are of strategic importance … Read more