Legal Blogs | Financial Services | imac legal & compliance


1st Floor.

imaclegal March 8, 2021 0 Comment

Download a PDF of our latest Regulatory Wrap here. Summary: Westpac Loses Personal Advice Case Privacy Breaches FDS

imaclegal September 18, 2020 0 Comment

INSIGHT LINES how to nail advice reviews   We have, over the years, reviewed thousands of advice files.

imac legal January 21, 2019 0 Comment

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

imaclegal February 21, 2018 0 Comment

Advice businesses will feel the effects of proposed new product design, distribution and intervention laws that were introduced

imaclegal October 10, 2017 1 Comment

It's not easy for a financial services provider to be independent these days. And even more difficult after

imaclegal April 25, 2017 0 Comment

The race to the first post-FOFA ‘best interests’ case has been run and won, with ASIC taking the

imaclegal January 13, 2017 0 Comment

As you are undoubtedly aware, the government introduced new Life Insurance Framework (we’ll refer to it as LIF

imaclegal September 12, 2016 1 Comment

The recent Storm Financial case is a rare opportunity for us to see how the Courts interpret the

imaclegal June 20, 2016 0 Comment

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

imaclegal April 21, 2016 1 Comment

Sweeping ASIC reforms and other regulatory changes affecting the financial services sector were announced by the Treasurer and

imaclegal April 8, 2016 1 Comment

The long-awaited Life Insurance Framework (LIF) regulations have been released in draft form and are a mixed bag

imaclegal February 3, 2016 0 Comment

So, now that we are into the ‘season proper’ of 2016, what regulatory changes will financial services businesses

imaclegal January 8, 2016 2 Comments

So, you’ve seen the surprise announcement that several unexpected changes were made to the previously rejected FOFA rules

imaclegal November 13, 2015 2 Comments

What the Life Insurance Framework means for your advice business and compliance arrangements. The government announced its intended

imaclegal October 21, 2015 1 Comment

The government, in its official Response, has adopted all but one of the recommendations made by the Financial

imaclegal September 29, 2015 0 Comment

imac legal has been test driving Twitter for the last couple of days to make sure we don't

imaclegal September 4, 2015 2 Comments

Discussion: should Board meetings be recorded. If you have been following the business news in any of the

imaclegal September 2, 2015 0 Comment

Regulatory Wrap - 2 September 2015. In this update we cover: User Pays funding model proposed for ASIC;

imaclegal September 1, 2015 0 Comment

As we mentioned in our update of 2 July, new laws regulating Powers of Attorney in Victoria come

imaclegal August 20, 2015 0 Comment

Financial service lawyers and compliance consultants, imac legal & compliance, have moved into new city digs. We are

imaclegal August 17, 2015 0 Comment

Here’s a roundup of important developments that have happened in your world in the last month or so,


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