A solicitor in Victoria was recently referred for disciplinary action when he used Generative Artificial Intelligence (‘Gen AI’) technology to…
Insights Sectors: Financial Services
May 3, 2024
INSIGHT: Privacy Awareness Week 2024 | Understanding transparency, accountability and security
Privacy Awareness Week (PAW) 2024 is an annual campaign led by the Australian privacy regulator, the Office of the Australian…
Oct 9, 2023
INSIGHT: Cyber Security Awareness Month – Are you cyber aware?
October is Cyber Security Awareness Month (CSAM). CSAM is an annual reminder for Australians to stay safe online and protect…
Jul 12, 2021
INSIGHT: Modern slavery: New guide released for the financial services sector
Combatting modern slavery is a mainstream corporate responsibility, with certain financial services entities like banks, insurers, and superannuation funds being…
May 19, 2020
INSIGHT: AFCA Decisions: Online insurance purchases, non-disclosures at inception of policy
Key takeaways Insurer bears the onus of proof in establishing it can deny a claim due to non-disclosure. At inception,…
Mar 8, 2019
INSIGHT: ASIC’s regulatory approach to enforcement post-Hayne
What to do if you receive an ASIC Notice Following on from our from our preliminary analysis of the Royal…
Feb 14, 2019
INSIGHT: Six axioms emerging from the Hayne report
A preliminary analysis of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. As foreshadowed in…
Dec 6, 2018
INSIGHT: A Game Changer for Mutuals – New Law Expands Capacity to Raise Capital
Mutual Entities Bill 2018: Tranche 2 On 26 November 2018, the Commonwealth Government released for public consultation an exposure draft…
Oct 9, 2018
INSIGHT: Financial Services Royal Commission – The Interim Report – Emerging Regulatory Themes
The Interim Report of the Financial Services Royal Commission was tabled in Parliament on 28 September 2018. There has been…
Apr 27, 2018
INSIGHT: How Australian Financial Complaints Authority (AFCA) may impact your business
From 1 November 2018 (changed from the initial start date of 1 July 2018), AFCA will start accepting consumer complaints…
Apr 27, 2018
INSIGHT: Unfair Contract Protections Capture Standard Contract Loans to Small Businesses
Lending to a small business under a standard form loan contract will be susceptible to new unfair contract terms protections…