Funds Update – 17 November 2023

In this Funds Update for 17 November 2023: ASIC commences first civil penalty action re RG 271 compliance Exposure draft legislation to amend conflicted remuneration and ongoing fee provisions ASIC confirms its DDO focus is turning to reasonable steps Greenwashing continues to be an enforcement priority for ASIC Follow-on consultation on derivative transaction reporting rules … Read more

Funds Update – 20 October 2023

In this Funds Update for 20 October 2023: Amendments to the reportable situations regime ASIC releases 2022-2023 Annual Report ASIC makes Instrument 2023/673 Amendments to the reportable situations regime  On 20 October 2023, ASIC Corporations and Credit (Amendment) Instrument 2023/589 (Instrument) took effect, providing welcome relief in relation to the reportable situations (breach reporting) regime … Read more


On 9 October 2023, Herbert Smith Freehills published its 2023 Global Bank Review: Trust matters. This year, we’re diving deep into the very essence of the banking sector: trust. We explore trust in the context of scams, AI, funding net zero, digital assets, capital markets reform, and more. We also have exclusive insights from industry … Read more

FSR GPS Podcast Series – EP4: Spotlight on greenwashing

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