E-alert: ASIC ramps up enforcement of ‘best interests’ obligations

On 5 February 2018, the Federal Court fined three Melbourne based companies and their common director more than $7,800,000 for breaches of the financial services [...]

E-alert: Shutting the gate after the horse has bolted: “Backdoor” review of QBCC insurance payment not permitted

The recent Queensland Court of Appeal decision of Queensland Building and Construction Commission v Turcinovic[1] confirms the difficulties that will be faced by a builder [...]

New professional standards regime – financial advisers

New legislation mandating professional standards for financial planners and advisers was passed in the House of Representatives. The Corporations Amendment (Professional Standards of Financial Advisers) [...]

Advisers Take Note – ASIC announces new record keeping obligations

ASIC has announced an amendment to Class Order CO14/923 which imposes new obligations upon authorised representatives (Advisers) to not only maintain records but to provide [...]