Ethics & Governance Articles

Showing 11 to 20 of 61 articles:
Neil Maines
NEIL MAINES  |  FRIDAY, 6 AUG 2021
The importance of superannuation to society means superannuation funds are rightly assessed against rigorous investment objectives. Focus has traditionally been on investment returns versus a CPI-based target and versus peer products with similar exposures ... Read more
Richard Batten
RICHARD BATTEN , PRAYAS PRADHAN  |  FRIDAY, 13 NOV 2020
The Australian Securities and Investments Commission (ASIC) made a product intervention order on 22 October 2020 that imposes conditions on the issue and distribution of contracts for difference (CFDs) to retail clients. This paper summarises the key ... Read more
Andrew Howard
ANDREW HOWARD , ADAM SIMMS  |  FRIDAY, 30 OCT 2020
The conditions around the COVID-19 pandemic-economic uncertainty and lack of internal controls in a new digital workplace-have created the perfect ecosystem for financial crime. Leaders who fail to take the right precautions and preventions now could ... Read more
Jacob Saulwick
CRISPIAN LYNCH , VINCENT GIANG , JACOB SAULWICK  |  WEDNESDAY, 21 OCT 2020
The Federal Court's decision in the Australian Securities and Investments Commission's (ASIC's) fee-for-no-service proceedings against certain licensees within the NAB Group highlights the principles to which a court will have regard in ... Read more
Richard Batten
RICHARD BATTEN  |  FRIDAY, 10 JUL 2020
Regulatory Guide 272 Product Intervention Power (RG 272) sets out the score of the product intervention power, and explains how the Australian Securities and Investments Commission (ASIC) will use it, and how an intervention order will be made. Read more
Ally Crowther
ALLY CROWTHER  |  FRIDAY, 3 JUL 2020
Allens said at the outset of this pandemic that financial advice will play an important role in supporting members who are considering whether to access their superannuation early. Read more
Vince Battaglia
HARRY NEW , VINCE BATTAGLIA  |  FRIDAY, 6 MAR 2020
This paper outlines changes to fees and costs disclosure requirements for superannuation products and collective investment products implemented by ASIC Corporations (Disclosure of Fees and Costs) Instrument 2019/1070 (Instrument 2019/1070) and as explained ... Read more
Andrew Lumsden
PHOEBE WYNN-POPE , ANDREW LUMSDEN  |  FRIDAY, 28 FEB 2020
In February 2019, the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, (Final Report), led by the Hon Kenneth Hayne AC QC, was published, Shortly thereafter, the government published ... Read more
Samantha Carroll
SAMANTHA CARROLL  |  FRIDAY, 17 JAN 2020
The design and distribution obligations (DADO) have commenced and must be implemented by April 2021. So what exactly do financial product developers and distributors need to be aware of? What metrics and other indicators need to be developed to monitor ... Read more
Michael Vrisakis
MICHAEL VRISAKIS  |  THURSDAY, 9 JAN 2020
The implications of the recent Full Federal Court decision in ASIC v Westpac Securities Administration Limited [2019] FCAFC 187 (ASIC v Westpac) are far-reaching for the financial services industry. Read more