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Proposed financial product design obligations and intervention powers

Banking & Finance

Proposed financial product design obligations and intervention powers

The Government has released draft legislation that proposes significant amendments to improve consumer protection in relation to financial and credit products.

22 December 2017

ASEAN: unlocking Australia’s infrastructure potential

'ASEAN Now: Insights for Australian Business' highlights opportunities for Australian companies to not just build infrastructure in Asia but also win lucrative services.

15 December 2017
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Making capital more accessible for mutual ADIs – APRA releases updated prudential standard for mutual equity interests

APRA has released final revisions to the capital framework for mutually-owned authorised deposit-taking institutions.

04 December 2017
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Project Bank Accounts and financing implications for QLD projects

The Queensland Government has recently passed legislation which will introduce Project Bank Accounts to certain construction projects from the beginning of 2018.

20 November 2017

The BEAR essentials: what you need to know about the Banking Executive Accountability Regime

The BEAR seeks to strengthen the responsibility and accountability framework of authorised deposit-taking institutions and gives new powers to APRA to investigate potential breaches.

15 November 2017
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China eases restrictions on foreign ownership of Chinese financial institutions

Chinese Government announces it will ease/remove restrictions on foreign ownership of securities and futures firms, fund managers, commercial banks, financial asset managers, life insurers...

14 November 2017
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A boost for the mutuals sector - Hammond Report on Reforms for Cooperatives, Mutuals and Member-owned Firms

The Australian Government has supported all of the Hammond Review's recommendations, potentially enabling thee mutuals sector should find the process of raising capital simpler.

13 November 2017
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Trust by design: Balancing accessibility and security in blockchain

If designed correctly, a blockchain can increase trust in a system, but like any computing system, if it is poorly design it may still be vulnerable to data...

26 October 2017
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Whistleblower reform: Important improvements to Australia’s private sector whistleblowing laws

The Commonwealth government has released draft legislation containing important reforms to Australia’s private sector whistleblower laws.

25 October 2017
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Will ASIC get to turn up the heat on penalties?

The ASIC Enforcement Review position paper sets out proposals to strengthen penalties for misconduct in the corporate and financial sector.

25 October 2017
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Australia's insolvency law reforms - where to from here?

Australia's insolvency reforms are some of the most significant changes to occur over the last decade, and will have implications to company directors, banks, and creditors.

09 October 2017

Deal Wrap: The Arrium Restructuring

The Arrium administration was one of the largest and most complex in Australian history. Find out more about how it will impact Australia's administration and deed of company...

27 September 2017