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Australia’s patent system review is underway

Certainty for foreign financial services providers – at last!

Foreign financial services providers (FFSPs) now have certainty about their Australian financial services (AFS) licensing position.

12 March 2020

Building on the Consumer Data Right to grow Australia’s digital economy

With Australian banking customers soon able to take control of sharing their banking data using the Consumer Data Right (CDR), the Australian Government is looking to the CDR’s...

09 March 2020

Consumer Data Right: The long road to accreditation

Now is the time to engage with the Consumer Data Right participant accreditation process if your organisation wants to be in a position to receive CDR data on...

18 February 2020

The new data economy is approaching: Open Banking mandated to start from 1 July 2020

The legal framework is now in place for the start of the CDR in the banking sector. The timeframes for responding to requests for consumer data have...

11 February 2020

Treasury’s proposals for a new Financial Accountability Regime

This article was written by Diana Nicholson, Tim Bednall and Rebecca Williams.Treasury has released a Proposal Paper for the Financial Accountability Regime (“FAR”).  When legislated, FAR will impose...

03 February 2020

Insurance claims services: Can you handle it? Claims handling set to become a new financial service

Treasury has released draft legislation to make handling and settlement of insurance claims a new ‘financial service’. The exposure draft is open for consultation until 10 January...

12 December 2019

It's Finally Here - Draft Bill Extending Unfair Contract Terms To Insurance Contracts

This article was written by Peta Stevenson, Sarah Yu, Mandy Tsang and Astrid Sugden.On Tuesday, Treasury released an exposure draft of the Treasury Laws Amendment (Unfair Terms in...

31 July 2019

Smart derivatives contracts: From concept to construction

King & Wood Mallesons and the International Swaps and Derivatives Association, Inc. have published a new whitepaper that sets out practical steps for developing smart derivatives contracts.

04 October 2018
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Bill for new design and distribution, and ASIC product intervention powers, introduced

The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 was introduced into the House of Representatives on 20 September 2018. The Bill will...

26 September 2018

Arbitrating ISDA master agreements – new developments and considerations

New developments and considerations when Arbitrating ISDA master agreements

16 August 2018

Are your rights enforceable? From 1 July 2018 onwards you will need to check this carefully…

This article was written by Tim Klineberg and Carone Huang.The new ipso facto reform will commence on and from this Sunday, 1 July 2018. Rights in contracts, agreements...

25 June 2018

Foreign financial service providers – ASIC announces proposed licensing changes

ASIC has today released a Consultation Paper announcing important proposed changes to the Australian financial services licence regime for FFSPs.

01 June 2018
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