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Snapshot: the regulatory framework for financial services compliance in Australia

Australia - February 24 2023 A concise Q&A guide to the financial services regulatory framework in Australia, including national authorities, authorisation regime, key legislation, the scope of regulation and more.

Fiona Smedley, Michael Vrisakis

Insurance in superannuation: AFCA complaints directly against life insurers - A thing of the past?

Australia - October 28 2022 Yesterday’s decision of the Full Federal Court in MetLife Insurance Limited v Australian Financial Complaints Authority Limited [2022] FCAFC 173…

Andrew Bradley, Maged Girgis, Tamanna Islam, Hugh Paynter, Michael Vrisakis

State of play: ASIC releases draft updated remediation guidance

Australia - November 29 2021 On 17 November 2021, ASIC released draft updated guidance on consumer remediation for all AFS licensees, Australian credit licensees and retirement…

Tamanna Islam, David Kim, Preeta Seshachari, Hartley Spring, Michael Vrisakis

Acting efficiently, honestly & fairly in financial services - some recent developments

Australia - August 20 2021 Two recent cases have shed new light on the scope of the obligation on AFS licensees to do all things necessary to act efficiently, honestly and…

Tamanna Islam, Michael Vrisakis

Draft Financial Accountability Regime legislation released for comment

Australia - July 19 2021 On 16 July, Treasury released Exposure Draft legislation for the Financial Accountability Regime (FAR)(FAR Bill). While the FAR Bill has some…

Tamanna Islam, Steven Rice, Michael Vrisakis