Insights Categories: Financial Lines

May 15, 2017

INSIGHT: Impact of Federal Budget on the financial services sector

Overview: The Commonwealth Government’s 2017–2018 Budget initiatives released on 9 May will target three principal regulatory components in the financial services sector over the short and longer term, in particular: reforms to dispute resolution capturing financial services, superannuation, trustee services, banking, finance and insurance expanding the powers of the Australian Prudential Regulation Authority (APRA) relating […]

Dec 18, 2016

INSIGHT: AWB: the next instalment…

Directors are under a continuing obligation to keep informed about the activities of a corporation (ASIC v Flugge). On 15 December 2016, the Supreme Court of Victoria issued its judgment in the latest round of AWB proceedings in which ASIC commenced an action against the former Chairman of AWB Limited (AWB). The case involved the […]