71-80 of 471 results
Financial products - design and distribution obligations and product intervention powers
After a considerable gestation period the proposed new design and distribution obligations for financial products, and intervention powers for ASIC, took their first, tentative steps yesterday, with the release of exposure draft legislation. ...
Key observations from the Government's review of Australia's corporate insolvency regime
Key observations from the Government's review of Australia's corporate insolvency regime. ...
Payments regulation reform: the Government consults on broad changes to payments system regulation
The Australian Treasury's recent publication of three significant, and long awaited, payment regulation documents means providers of payments and related services should consider the potential impact of the proposed changes on their business and licensing obligations. ...
Unfair contract terms subject to penalties: is your organisation ready?
Time is of the essence for companies to prepare for changes to unfair contract terms (UCT) laws. The new regime will apply to standard form contracts entered into or renewed following 9 November 2023, and to terms of standard contract terms varied after this date. ...
Good practice for exchange traded products: ASIC updates INFO 230 'Exchange traded products: Admission guidelines'
On 15 April 2020, the Australian Securities and Investments Commission (ASIC) released updated INFO 230 Exchange traded products: Admission guidelines (INFO 230) which outlines ASIC's view of good practices to help ensure that admission and monitoring standards for exchange traded products (ETPs) continue to support fair, orderly and transparent markets. ...
Quality of Advice Review final report - a snapshot
We provide an overview of the recommendations and implications for industry. If fully implemented, the changes would be the most radical overhaul of the financial advice laws since FoFA. ...
New guidance for continuation fund transactions
The Institutional Limited Partners Association (ILPA) has released guidance on continuation funds. In this Insight, we discuss the key (and in some respects, novel) takeaways relevant to private equity sponsors and Limited Partner (LP) investments teams. ...
ASIC ramps up greenwashing-related regulatory interventions, targeting managed funds and ASX listed entities
ASIC's latest report, ASIC's recent greenwashing interventions (the Report), outlines its recent surveillance activities and regulatory interventions to tackle misleading marketing and greenwashing. ...
Design and distribution obligations for investment products – ASIC's latest expectations
ASIC has released Report 762 (the Report) following its recent review into how investment product issuers are complying with the Design and Distribution Obligations (DDO) regime. The report summarises ASIC's findings and highlights areas for improvement. ...
Breach reporting
In this Insight, we provide an overview of the Regulatory Guidance 78: Breach reporting by AFS licensees and credit licensees (RG 78) updates, and discuss some of the issues ASIC has left on the table for round two. ...