Insights

Showing articles 1 to 10

7 Jun 2019

Banking and finance

Product intervention power - regulatory action sooner than expected

ASIC sets its sights on binary options, margin foreign exchange and contracts for difference.

19 May 2019

Banking and finance

OECD releases beneficial ownership implementation toolkit to facilitate transparency

Beneficial ownership toolkit aims to help governments implement legal and supervisory frameworks to identify and collect beneficial ownership information.

28 Apr 2019

Banking and finance

Update: Government approves changes to financial reporting burden

Increase to thresholds for determining what constitutes a large proprietary company under the Corporations Act 2001 will apply from 1 July 2019.

15 Apr 2019

Banking and finance Insurance

New Design and Distribution Obligations and Product Intervention Powers for Financial Products

Insurers and distributors of financial products will now be responsible for determining the target market for products and appropriate distribution strategies.

27 Feb 2019

Insurance Banking and finance

General insurance sales funnel

The report of the Royal Commissioner makes various suggestions as to changes in the law that may have a long term effect on the general insurance sales process.

12 Dec 2018

Banking and finance

AUSTRAC releases guidance on reporting entity regulation

A recently released guidance note by AUSTRAC specifies the level of transparency in transactions by specified reporting entities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

21 Nov 2018

Banking and finance