This article was written by Tim Bednall.
On 13 July 2017, the Commonwealth Government released a consultation paper on the proposed “Bank...
This article was written by Tim Bednall.On 13 July 2017, the Commonwealth Government released a consultation paper on the proposed “Bank Executive Accountability Regime” (BEAR) flagged by the...
Amidst a growing global regulatory recognition that more needs to be done to combat modern forms of slavery and human trafficking, you should be aware of existing Australian...
Token sales are rapidly gaining momentum as the darling of capital raising in the digital economy.
The tax changes are aimed at reducing the uncertainty with the Investment Manager Regime (IMR) and the new tax system for attribution managed investment trusts (AMITs).
The CSIRO’s Data61 reports contain scientific research on learnings from blockchain’s use, gives guidance on what blockchain could mean and shows how a future with blockchain might be...
Reporting entities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) should carefully assess whether their risk assessment and AML/CTF program meet regulatory expectations.
The Major Bank Levy's purpose is ostensibly twofold: to contribute to “budget repair” and to level the playing field with smaller banks.
The Productivity Commission's final report on Data Availability and Use recommends the introduction of a “Comprehensive Right”, providing a a joint right to view, transfer and correct data.
Analysis of the 2017-18 Australian Federal Budget's reforms including the major bank levy, the open banking regime, increasing financial system competition and more.
The proposed reforms are geared to improving transparency and accountability for release of data across different sectors.
Before 1 July 2017, entities need to determine whether they are characterised as “Reporting Financial Institutions” under the OECD Common Reporting Standard.
The House Of Representatives Standing Committee on Economics released its Major Banks Second Report's recommendations - what they mean and our predictions.