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The Financial Report May 5, 2016 - News from Asia and the Pacific
  • DLA Piper LLP
  • Australia, Hong Kong, Japan, Singapore
  • May 5 2016

The Financial Services Agency announced that representatives from Australia, Japan, Korea and New Zealand signed the Asia Region Funds Passport’s


The FinTech Revolution - what it means for the insurance industry
  • DLA Piper LLP
  • Australia
  • May 4 2016

There was massive growth in “FinTech” (the integration of finance and technology) last year, especially in Australia, which has lagged behind Europe


Disclosure requirements for environmental risks
  • DLA Piper LLP
  • Australia
  • May 4 2016

There is nothing new in the notion that companies are required to effectively manage and disclose risks so that investors can make informed


Superannuation Alert 29.04.16
  • Lander & Rogers
  • Australia
  • April 29 2016

On 7 April 2016, the New South Wales Court of Appeal (Court of Appeal) handed down its decision in TAL Life Ltd v Shuetrim; MetLife Insurance Ltd v


Australia - Claims practices in life insurance under review
  • Clyde & Co LLP
  • Australia
  • April 29 2016

Last week the Australian Securities and Investments Commission (ASIC) initiated a major inquiry into life insurance claims practices. Over recent


Bill on conflicted remuneration for life insurance has lapsed
  • DLA Piper LLP
  • Australia
  • April 28 2016

The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 has lapsed. The Bill lapsed on 17 April 2016 as it did not reach


ASIC’s powers receive a boost
  • Gadens
  • Australia
  • April 21 2016

Under pressure from Labor to protect bank customers, and following a ‘detailed consultation’ with the banking industry by the Australian Treasury for


Life Insurance Industry Claims Management Review
  • Herbert Smith Freehills LLP
  • Australia
  • April 20 2016

Life companies are being asked by ASIC to commit to an independent review of their claims management practices. The purpose of the review is to ide


Regulating digital financial product advice consultation paper released
  • Clayton Utz
  • Australia
  • April 14 2016

On Monday, 21 March 2016, ASIC released Consultation Paper 254 Regulating digital financial product advice that included a draft Regulatory Guide


Future of Financial Advice laws amendments now in force
  • Gilbert + Tobin
  • Australia
  • April 6 2016

The Act to amend the Future of Financial Advice laws has now received Royal Assent. The amendments are aimed at improving the advice provided to