Like politicians, the prospect of completely re-written financial services laws promises so much. But will the proposed re-write
It should be such an easy thing to do – after all, it’s what financial advisers get paid
Download a PDF of our latest Regulatory Wrap here. Summary: Westpac Loses Personal Advice Case Privacy Breaches FDS
INSIGHT LINES how to nail advice reviews We have, over the years, reviewed thousands of advice files.
The Role: Financial services lawyer. Permanent part-time. 0.4 to 0.6 FTE (i.e. 15 to 25 hrs p/week approximately)
5 tips to improve your business post Royal Commission. We have avoided making comment on the Banking and
Advice businesses will feel the effects of proposed new product design, distribution and intervention laws that were introduced
It's not easy for a financial services provider to be independent these days. And even more difficult after
Everyone seems to be talking about goals-based advice at the moment. In this article we put together for No
The race to the first post-FOFA ‘best interests’ case has been run and won, with ASIC taking the
As you are undoubtedly aware, the government introduced new Life Insurance Framework (we’ll refer to it as LIF
The recent Storm Financial case is a rare opportunity for us to see how the Courts interpret the
A growing number of advisers are starting to consider and recommend peer-to-peer (P2P) lending as an investment solution
Confused about where the financial services changes such as FOFA, LIF, etc are at now that parliament has
Sweeping ASIC reforms and other regulatory changes affecting the financial services sector were announced by the Treasurer and
The long-awaited Life Insurance Framework (LIF) regulations have been released in draft form and are a mixed bag
So, now that we are into the ‘season proper’ of 2016, what regulatory changes will financial services businesses
So, you’ve seen the surprise announcement that several unexpected changes were made to the previously rejected FOFA rules
What the Life Insurance Framework means for your advice business and compliance arrangements. The government announced its intended
Discussion: should Board meetings be recorded. If you have been following the business news in any of the
Regulatory Wrap - 2 September 2015. In this update we cover: User Pays funding model proposed for ASIC;
As we mentioned in our update of 2 July, new laws regulating Powers of Attorney in Victoria come
Financial service lawyers and compliance consultants, imac legal & compliance, have moved into new city digs. We are
Here’s a roundup of important developments that have happened in your world in the last month or so,
While electronic disclosure (e.g. for FSGs, PDSs, periodic statements) has always been possible under the Corporations Act, unclear
If your business uses Powers of Attorney in Victoria (e.g. financial services businesses could use them for MDAs
The Assistant Treasurer, The Hon Josh Frydenberg MP, has announced that an anomaly in the income tax law
Draft legislation proposed by Treasury includes material governance changes for superannuation funds. The main changes proposed are: all
The winds of change continue to blow in the financial services sector with the Assistant Treasurer, The Hon
So, you have a great idea for a promotional competition that will really appeal to your clients and
Life just got a tiny bit easier for businesses wanting to change auditors. ASIC has released an updated
Macquarie’s recent refunding of $5.5M to clients holds important lessons for SMEs. You have probably read that Macquarie
One of Australia’s biggest wealth management names has been fined for misleading statements in two online ads. The
Amendments to AML/CTF customer i.d. rules touted. AUSTRAC has released draft AML/CTF rules for comment. In a nutshell,
Opt-in renewal notices. New obligations from 1 July 2015 A last minute reminder for financial services licensees (and
Established in 2015, imac legal & compliance helps small and medium businesses to meet their legal requirements and achieve their commercial objectives.
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