WEEKLY BLOG
May
28
Australian regulators weekly wrap — Monday, 29 May 2023
This week's blog covers BNPL reform, AFCA's systemic issues report and APRA's statistics. ...
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May
20
Australian regulators weekly wrap — Monday, 22 May 2023
This week's blog covers Binance's debanking, fines levied on AMP for charging deceased customers and an excellent speech by APRA on governance. ...
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May
13
Australian regulators weekly wrap — Monday, 15 May 2023
This week's post covers more UCT action, ASIC's focus on credit / debt providers and a great essay on AI regulation by Lord Sales. ...
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May
08
Australian regulators weekly wrap — Monday, 8 May 2023
This week's blog covers ASIC's DDO report, an important life insurance case and reporting of IDR data to ASIC...
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May
01
Australian regulators weekly wrap — Monday, 1 May 2023
This week's post covers breach reporting updates from ASIC, EU's MiCA passing, AFCA's MoU with APRA and more!...
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Apr
23
Australian regulators weekly wrap — Monday, 24 April 2023
This week's blog is on the RBA review, massive tranche 2 AML/CTF reforms and ASIC's latest report on scams....
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Apr
16
Australian regulators weekly wrap — Monday, 17 April 2023
This week's post covers academic papers on FAR, ASIC's great update on super disclosure, finfluencer risk and more. ...
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Apr
08
Australian regulators weekly wrap — Monday, 10 April 2023
This week's post is a big one! Binance's cancelled AFSL, the UCT action against A&G and the FCA's different approach to finfluencer conduct. Its all here!...
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Apr
02
Australian regulators weekly wrap — Monday, 3 April 2023
This week's blog covers new crypto regulation, action against Binance and AFCA's updated rules. ...
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Mar
19
Australian regulators weekly wrap — Monday, 20 March 2023
This week's blog covers ASIC's evolving approach to DDO, AUSTRAC's newest enforceable undertaking and developments in the banking sector abroad. ...
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Mar
12
Australian regulators weekly wrap — Monday, 13 March 2023
This week's update contains the news we have all been waiting for - FAR has passed! It is hard to concentrate on anything else, but I have also covered whistleblowing reports from ASIC, its action on unlicensed credit activities and Mr. Longo's view...
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Mar
10
Design, distribution and cryptocurrency investment – a sharp position taken by ASIC
ASIC’s Product Intervention Power (PIP) under its Design & Distribution (DDO) regime is still a relatively new tool in their regulatory tool kit. It…...
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Mar
10
Misleading & deceptive conduct and cryptocurrencies – ASIC turns up the heat in uncertain territory
ASIC has commenced civil penalty proceedings in the Federal Court against BPS Financial Pty Ltd (BPS) for allegedly making false, misleading or...
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Mar
10
Cartel Update: First criminal cartel jail sentence handed down by Federal Court of Australia
The Federal Court of Australia has affirmed its position that any cartel conduct, as prohibited by the Competition and Consumer Act 2010 (Cth) (CCA)…...
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Mar
10
The crypto winter and custody – practical advice for shoring up custody arrangements
The digital assets world has been rocked by the liquidity run on FTX the week, the world’s second largest exchange, and the near buyout by Binance…...
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Mar
10
Cryptocurrencies and ‘earning’ products – ASIC makes managed investment scheme claims
Australia – November 23 2022 ASIC has commenced civil penalty proceedings in the Federal Court against fintech company Block Earner alleging it provided unlicensed financial…...
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Mar
10
ASIC is coming for your responsible managers
A key obligation of an AFSL holder is to maintain the competence to provide the financial services covered by its licence.[1] ASIC refers to this…...
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Mar
10
Fire in the house: Interest guaranteed despite extinguishment of debt under deed of company arrangement
The Victorian Court of Appeal has affirmed that whilst a company’s debts can be released to some extent under a DOCA, that section 444J of the…...
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Mar
05
Australian regulators weekly wrap — Monday, 6 March 2023
This week is all about the RBA's CBDC announcement, FAR going through Parliament this March, ASIC's action against Terracom and more! ...
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Feb
25
Australian regulators weekly wrap — Monday, 27 February 2023
Lots happening this week with ASIC's RACQ action, the Senate hearing on crypto and multiple tweaks to ASIC's DDO / PIP power. ...
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