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ASIC releases guidance on the Product Intervention Power

Australia - June 18 2020 ASIC has confirmed its potential broad use of the Product Intervention Power in Regulatory Guide 272, released on 17 June 2020…

Federal Court decision on Unfair Contract Terms provides pointers for insurers

Australia - June 1 2020 ASIC has used its successful unfair contract terms action against the Bendigo and Adelaide Bank to give a warning to insurers…

Federal Court endorses broad application of Product Intervention Power

Australia - April 17 2020 ASIC's successful dismissal of the judicial review of its first use of the Product Intervention Power, in Cigno Pty Limited v ASIC [2020] FCA 479…

ASIC announces a delay to regulatory activities due to COVID-19 - but big questions remain

Australia - April 14 2020 ASIC confirmed on 14 April 2020 that it is delaying a number of regulatory activities that are not "immediately necessary" in light of the challenges…

The NSW Government SME relief measures

Australia - April 8 2020 In a bid to assist SMEs during the coronavirus pandemic the NSW Government has introduced new measures to support SMEs. Relief for SMEs impacted by…