APRA declared that it wants to see continuous improvement in how regulated institutions disclose and manage climate-related financial risks in coming years. An information paper released on 20 March discloses...
The Brief is your monthly financial services update. To help you save time, each month we'll give you a quick run-down of what happened in financial services from experts across...
Key recommendations for the insurance industry Life insurance commissions flagged for further reduction or elimination (2.5) The recently enacted LIF reforms that now permit only capped or level commissions for...
Since the start of hearings 12 months ago, headlines about the Royal Commission have largely focused on the banking, superannuation and financial planning sectors. Whilst the insurance industry may have...
On 28 September 2018, the Honourable Kenneth Madison Hayne AC QC (Commissioner), released the interim report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry...
From 1 September 2018, the maximum penalty able to be ordered by a Court for a breach of the Australian Consumer Law has significantly increased. According to Australian Competition and...
As Australia continues to be seen as a jurisdiction friendly to securities class actions, a discussion paper from the Australian Law Reform Commission (ALRC) has suggested reforms to alleviate the...
Yesterday, the Victorian Law Reform Commission's (VLRC) long-awaited report into class actions and third-party funding was tabled in the state parliament.
The Australian Law Reform Commission (ALRC) has released its much-awaited discussion paper as part of its inquiry into class actions and litigation funding. The discussion paper contains a suite of...
Earlier this week, the President of the Australian Law Reform Commission identified a suite of measures under consideration with the potential to radically reform Australia's federal class action regime. The...
2017 saw a change in the Australian insurance landscape - from overseas investors snapping up local insurance businesses, to an increase in regulation and technology advances improving how claims are...
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