In October, ASIC introduced changes to the current breach Corporations Act reporting regime obligations (Regime) via ASIC Corporations and Credit (Amendment) Instrument 2023/589 (Instrument). Read more

In May 2023, APRA finalised CPS 900 and released the Prudential Practice Guide CPG 900 - Resolution Planning (CPG 900). CPS 900 is yet to be registered as a determination. However, given that it takes effect from 1 January 2024, it is assumed that it ... Read more

In July this year, ASIC and APRA released a report reminding superannuation funds that the time is now to focus on retirement strategies and consider how to best assist retirees in accessing and using the benefits available to them to make the most ... Read more

The NSW Supreme Court recently handed down judgment finding that section 249E(2) of the Crimes Act 1900 (NSW) (NSW Crimes Act) has no application to the circumstance of a Successor Fund Transfer (SFT). Read more

On 10 November 2022, the NSW Supreme Court handed down its second decision on section 249E of the Crimes Act 1900 (NSW) (NSW Crimes Act), in Application of MLC Investments Limited [2022] NSWSC 1541 (MLC Case). Read more

The Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 (Bill) passed both houses of Parliament on the 18th of February and now awaits Royal Assent. Read more