Archive for March, 2017

  • 8 Mar2017

    Another reminder to exercise caution when using social media – midwife dismissed for FaceBook messages

    Written by: Julie Somerville, Principal While the media is dubbing the case as an example of an employee being dismissed for a FaceBook message – the crux of the decision was based upon a health practitioner’s disclosure of confidential information. While social media makes the...
  • 8 Mar2017

    Real time prescription monitoring – what does it mean for health professionals?

    Written by: Julie Somerville, Principal Since at least 2012 there has been an increasing push by Coroners and peak industry bodies in Australia for the implementation of a national real-time prescription monitoring system that alerts doctors and pharmacists to people who are misusing prescription drugs....
  • 1 Mar2017

    Proposed new statutory accountability for ‘issuers’ and ‘distributors’ of financial products

    Written by: Michael Bracken, Principal In its recent Proposals Paper issued in December 2016, the Commonwealth Government is seeking consultation on proposals to implement a number of financial product recommendations arising from the Financial Services Inquiry (FSI), which involve the potential introduction of new consumer...
  • 1 Mar2017

    Proposed new product intervention power for ASIC

    Written by: Michael Bracken, Principal In its recent Proposals Paper issued in December 2016, the Commonwealth Government is seeking consultation on proposals to introduce a new product intervention power for ASIC, alongside proposed regulatory reforms relating to new design and distribution obligations applying to financial...
  • 1 Mar2017

    AFS licensing relief for foreign financial services providers

    Written by: Michael Bracken, Principal Overseas counterparties to derivatives and foreign exchange transactions:  In September 2003, ASIC introduced Class Order 03/824 which sought to address regulatory concerns that: overseas counterparties to derivatives and foreign exchange transactions may be caught by those counterparties engaging in “inducing...

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