The Legal 500: Fintech Country Comparative Guide

Herbert Smith Freehills partners Charlotte Henry, Peter Jones and Peter Dunne, along with consultant Tony Coburn have authored the Australian chapter of The Legal 500: Fintech Country Comparative Guide – a publication which provides a pragmatic overview of the law and practice of fintech law across a variety of jurisdictions. The chapter covers topics such as payments, … Read more

Select Committee on Australia as a Technology & Financial Centre

On 28 April 2021, the Senate Select Committee on Australia as a Technology & Financial Centre (previously known as the Select Committee on FinTech & RegTech) released its Second Interim Report. The Second Interim Report addresses digital assets and the need for a policy framework as well as regulatory issues concerning the consumer data right. … Read more

Consumer Data Right – The Rules Framework is out

Written by Amy Ciolek and Kiara Salvia On 12 September 2018, the Australian Competition and Consumer Commission (ACCC) released for public consultation the Consumer Data Right (CDR) Rules Framework (Rules Framework) following the release of the exposure draft Treasury Laws Amendment (Consumer Data Right) Bill 2018 (the Bill) which proposes amendments to the Competition and Consumer Act … Read more

Cyborg Advice

Written by the one and only Michael Vrisakis Yesterday’s Financial Review contained an article by James Eyers (page 22) which touched on what we will call “Cyborg Advice”; that is hybrid advice involving man and machine. The article notes that developments such as open banking and broader “customer data rights” are likely to push advice … Read more