Compliance Articles

Showing 1 to 10 of 50 articles:
Shane Flatman
SHANE FLATMAN  |  FRIDAY, 6 SEP 2024
As the 21 October 2024 deadline for the Australian Securities and Investments Commission's (ASIC) game-changing updates to over-the-counter (OTC) derivative transaction reporting looms, Australian financial institutions need to prepare for a seismic ... Read more
Rod Aldus
ROD ALDUS , TIM STEWART , YU ZHANG , KIRSTY PRINSLOO , LENNARD BREMER , ALEXANDRA MASON  |  FRIDAY, 16 AUG 2024
The Australian Securities and Investment Commission (ASIC) has released guidance clarifying its expectations in relation to a bank, or other intermediary, pre-hedging derivative exposures. Read more
Sean Graham
SEAN GRAHAM  |  FRIDAY, 19 JUL 2024
Under Australian financial services laws, Australian Financial Services (AFS) Licensees and financial advisers face stringent compliance obligations regarding the collection, use, and protection of personal information. Read more
Sean Graham
SEAN GRAHAM  |  FRIDAY, 1 MAR 2024
We recently learnt that 98% of the new advice licensees that commenced operation in 2023 were 'micro-licensees'-that is, licensees with fewer than ten advisers. Read more
Bartier Perry Lawyers
BARTIER PERRY LAWYERS  |  THURSDAY, 15 FEB 2024
The Australian Financial Complaints Authority (AFCA) complaints against financial firms in the banking and finance space rose 27% in the financial year ending 30 June 2023, bringing the total complaints in that sector to 53,638. Read more
Bartier Perry Lawyers
BARTIER PERRY LAWYERS  |  FRIDAY, 9 FEB 2024
There is no doubt the current economic climate is precarious. Continuing mortgage stress and cost-of-living pressures caused by the Reserve Bank of Australia's (RBA) series of rate increases is likely to result in more complaints being lodged with the ... Read more
Rachel Erlich
RACHEL ERLICH  |  FRIDAY, 2 FEB 2024
Do I need an AML Licence in Australia? It is a commonly asked question. Read more
Bartier Perry Lawyers
BARTIER PERRY LAWYERS  |  THURSDAY, 25 JAN 2024
The Australian Financial Complaints Authority (AFCA) is an independent and external complaint resolution scheme which considers complaints from consumers against entities operating in the credit, financial services, superannuation, and insurance ind ... Read more
Kerensa Sneyd
JAMES KANABAR , KERENSA SNEYD  |  FRIDAY, 1 DEC 2023
The Australian Securities and Investments Commission (ASIC)  has made some helpful amendments via the ASIC Corporations and Credit (Amendment) Instrument 2023/589 (the Instrument) to Australian Financial Service (AFS) and credit licensees' obligations ... Read more
Paul Derham
PAUL DERHAM  |  WEDNESDAY, 22 NOV 2023
Artificial Intelligence (AI) presents unique regulatory and other risks that need to be managed. Read more
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