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Thinking posts
13 results13 results
Thinking| 27 Nov 2018
Financial Services in Focus – Issue 16
Funds and financial products ASIC extends relief for non-cash payment facilities On 16 November, ASIC has amended the ASIC Corporations (Non-cash Payment Facilities) Instrument 2016/211 to remove an expiry date that would have seen the instrument ceasing to operate in March 2019. The ...
Thinking| 30 Oct 2018
Financial Services in Focus – Issue 14
Funds and financial products ASIC again warns financial firms to join Australian Financial Complaints Authority On 25 October, ASIC reminded those financial firms who are yet to join the Australian Financial Complaints Authority (AFCA) to act immediately. According to ASIC, more ...
Thinking| 19 Oct 2017
Significant changes made to Competition and Consumer Act 2010
On 18 October 2017 the Competition and Consumer Amendment (Competition Policy Review) Bill 2017 (Bill) was passed by both houses at Federal level. This follows the enactment of another important piece of legislative amendment relating to Australian competition law on 23 August 2017, the Competition ...
Thinking| 06 Apr 2016
Foreign entities beware: consumer guarantees in the online marketplace heating up
The decision in Australian Competition and Consumer Commission v Valve Corporation (No 3) [2016] FCA 196 serves as a warning to foreign corporations of the broad application of the Australian Consumer Law (ACL) to the online marketplace and marks the first time a ...
Thinking| 17 Nov 2015
Chrisco Hampered by Unfair Contract Term
Introduction The Federal Parliament has recently passed legislation extending the unfair contract term protections in the Australian Securities and Investments Commission Act 2001 (Cth) and the Australian Consumer Law (ACL)1 to small businesses in relation to some standard form contracts. Under ...