Tag Archives: financial services regulation

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 … Continue reading

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Filed under Banking, Privacy & Open Banking

The evolving role of the financial services regulator

Written by Amy Ciolek and Nicola Greenberg As community expectations and the nature of crime changes, so too does the role of the regulator. The ABC news reports today that “for the first time, the Australian Securities and Investments Commission … Continue reading

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Filed under Banking, Regulation & Remediation

When utmost good faith is not good enough

Written by Philip Hopley There is just over a month left for stakeholders to provide views on a proposed model that will implement the government’s policy to apply unfair contract terms legislation to life and general insurance contracts for consumers … Continue reading

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Filed under Australia, Financial Products & Advice, Financial Services Regulation, Life Insurance

ASIC updates its ICO guidance

What this means for you Initial Coin Offering (ICO) issuers have been placed on notice that from 19 April 2018, the Australian Competition and Consumer Commission (ACCC) has delegated powers to the Australian Securities and Investments Commission (ASIC) to enable … Continue reading

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Filed under ASIC Guidance, Australia, Digital Currency, Financial Services Regulation, ICO