by Victoria Smith | 2023-04-13 | Our Thinking
Many regulators across the globe are of the view that crypto technologies have the potential to offer the financial services sector enormous benefits. However, as with any emerging technology, there are risks as well as opportunities… Crypto regulation remains a...
by Victoria Smith | 2023-03-30 | Our Thinking
summary The Australian Government issued the Privacy Act Review Report 2022 (the “Report”) in February 2023 with a list of 116 proposals to reform the Privacy Act 1988 (Cth) (the “Privacy Act”). These proposals aim to enhance personal data protection offerings to...
by Victoria Smith | 2023-03-15 | Our Thinking
Greenwashing is one of the Australian Securities and Investments Commission (“ASIC”) key priorities outlined in its recently released enforcement priorities, particularly as there has been an increase in investor demand for sustainability-related financial products in...
by Victoria Smith | 2023-02-27 | Our Thinking
background On 8 February 2023, the Australian Government released Michelle Levy’s Quality of Advice Review Final Report (“the Report”), which assesses the “accessibility and affordability of quality financial advice” available to Australians. The comprehensive Report...
by Victoria Smith | 2023-02-27 | Our Thinking
The Australian Prudential Regulation Authority (“APRA”) has recently announced its key focus supervision and policy areas for 2023. APRA’s prudential policies and supervision activities support its purpose to ensure the financial interests of Australians are protected...
by Victoria Smith | 2023-02-19 | Our Thinking
summary The Australian Securities and Investments Commission (“ASIC”) outlined its enforcement priorities on 3 November 2021 and has increased its surveillance and enforcement focus on fund managers, superannuation trustees and responsible entities more recently,...