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Government enacts amendments clarifying aspects of FOFA provisions in bid to reduce costs on financial services industry
  • Baker & McKenzie
  • Australia
  • July 1 2015

The Assistant Treasurer recently announced the passage of a series of amendments to the Corporations Regulations 2001 (Cth), which will affect the

Government announces further refinements to FOFA
  • DLA Piper LLP
  • Australia
  • June 25 2015

The Government has released a statement that agreement has been reached with the Opposition to progress ‘minor and technical’ refinements to the

Changed proportions
  • Hall & Wilcox
  • Australia
  • June 23 2015

In a landmark decision which will have far reaching ramifications and be warmly received by plaintiff lawyers, the High Court has curtailed the reach

General insurance distributors breathe sigh of relief
  • Norton Rose Fulbright LLP
  • Australia
  • June 9 2015

In a move likely to be welcomed by the general insurance industry, ASIC has proposed to maintain the relief provided for distributors of general

ASIC releases Consultation Paper on expiring class orders relating to general insurance distributors and banking
  • DLA Piper LLP
  • Australia
  • May 26 2015

The Australian Securities and Investment Commission (ASIC) have released a Consultation paper (230) addressing three class orders that are due to

Asia Pacific - focus on insurance
  • Norton Rose Fulbright LLP
  • Australia, China, Singapore
  • May 18 2015

Our latest insurance update from the Asia Pacific region includes articles from Australia, China and Singapore. Key legal issues covered

The rise of 'robo advice'
  • Allens
  • Australia
  • May 6 2015

'Robo advice' is another one of these phrases that we are suddenly seeing everywhere. The idea offers some exciting opportunities for advice

Unravelled: nudge, nudge, think, think - ASIC and behavioural economics
  • Allens
  • Australia
  • April 1 2015

In 2014, ASIC started promoting the use of behavioural economics in its regulatory activities. First there was ASIC's report on Regulating Complex

2015 rings in changes to the FOS Terms of Reference
  • Carter Newell
  • Australia
  • February 28 2015

Following stakeholder consultation during 2014, the board of the Financial Ombudsman Service (FOS) has amended its Terms of Reference

Commercial litigation: 10 significant developments in Australia in 2014
  • Herbert Smith Freehills LLP
  • Australia
  • December 19 2014

As we approach the end of 2014, it is timely to reflect on events during the year. While there were many important developments, here are our