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Financial Services| 13 Sep 2021
ASIC has now published its updated and final guidance on the new breach reporting regime for AFS and credit licensees that will apply from 1 October 2021.
Banking & Finance| 30 Aug 2021
In this update, we explore the changes that financial services businesses can expect to see in ASIC’s approach to exercising its investigative and enforcement functions and powers.
Litigation & Dispute Resolution| 28 Jul 2020
In a recent case highlighting the risks of waiver of legal professional privilege, the Federal Court has observed that fine distinctions may be involved when determining whether privilege has been lost.
Corporate Governance & Directors’ Duties| 07 Mar 2019
A recent Federal Court decision recognises the expansive reach of the statutory and fiduciary duties owed by company directors. However, the company’s unsuccessful attempt to hold third parties liable as accessories to its director’s breaches of statutory duties ...
Litigation & Dispute Resolution| 22 Oct 2018
The announcement on Wednesday 17 October 2018 of a Senate inquiry into “credit and financial services targeted at Australians at risk of financial hardship” continues the current forensic examination into the state of financial services in Australia.