The Royal Commission Hub
04 April 2019
ASIC’s new product intervention powers & 6 reasons to review retail financial and credit products now
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) legislation has passed with amendments (including extending the regime to credit facilities). ASIC’s new intervention powers are likely to commence this month. Product issuers should start reviewing affected products now. Read more >
05 March 2019
Remuneration both affects and reflects the culture of an organisation - it tells staff what the entity rewards and what it values. The Royal Commission final report has shown that poor remuneration lead to poor customer outcomes.
KWM Partner Andrew Gray unpacks the key remuneration recommendations for financial institutions.
04 March 2019
There have been a number of developments since the Government’s release of the final report of the Royal Commission into the Financial Services Industry and the Government’s response on 4 February 2019.
Our experts outline the latest non-legislative developments since 4 February and how quickly they will be implemented. Learn more >
11 Feb 2019
We will keep you up-to-date as the impact of the final report into Australia's Financial Services Industry unfolds.
The final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was released by the Government on Monday 4 February.
Our recently published in-depth analysis considers the recommendations with a focus on the consequences for industry and suggestions as to what you should do next.
Our Royal Commission Hub will keep you informed and up-to-date as the implementation of the final report progresses. Here you can access related content, useful resources and keep in touch with our dedicated Financial Services Regulation Team.
We are happy to assist you in considering the final report and how it impacts to your business further. Please contact your usual KWM contact or Jim Boynton at [email protected] if you would like to discuss the report further.