Banking & Financial Services

New and noteworthy content from the team behind the dynamic Practical Law Australia service.

The following Subtitles are now updated and available on Westlaw: Aboriginal and Torres Strait Islander Peoples 1.8 “Indigenous Cultural and Intellectual Property”; Real Property 28.12 “Retirement Villages”; Revenue Law 31.4 “Deductions”; Revenue Law 31.11 “International Aspects”

New laws have been introduced to help ensure the stability of Australia’s financial markets. amendments enshrine a crisis management and resolution scheme. The same Act brought in mandatory climate reporting for companies which will be phased in over the next three years.

Greenwashing is no longer about reusing towels in hotel rooms. It's now attracting deep compliance concerns from ASIC.

The August 2024 update of Robson’s Annotated Corporations Legislation features revisions to annotations by Grant Holley on Chapter 7 of the Corporations Act 2001 (Cth), governing financial services and markets.

In Callisi Pty Ltd v Sterling & Freeman Advisory Pty Ltd [2023] VSC 300, the Victorian Supreme Court considered the equitable doctrine of marshalling by apportionment.

The Financial Accountability Regime (FAR), recently established by the long-awaited Financial Accountability Regime Act 2023 (Cth) (the Act), will come into effect for the banking industry in March 2024, and the superannuation and insurance industries in 2025.

Given the departure of Governor Philip Lowe and the commencement of the term of the first woman to head the RBA, Michelle Bullock, it is timely to look at her reform agenda.

The following Subtitles are now updated and available on Westlaw: Criminal Procedure 11.7 “Trial Procedure”; Criminal Procedure 11.8 “Appeals”; Criminal Sentencing 12.5 “Non-custodial Orders”; Criminal Sentencing 12.11 “Inter-jurisdictional Enforcement”; Finance, Banking and...

On 17 July 2023, APRA released the final version of Prudential Standard CPS 230 Operational Risk Management and commenced a consultation on draft guidance: Prudential Practice Guide CPG 230.

The following Subtitles are now updated and available on Westlaw: Civil Procedure 5.3 “Discovery and Interrogatories”; Civil Procedure 5.8 “Equity Proceedings”; Criminal Law Principles 9.4 “Extradition and Mutual Assistance in Criminal Matters”; Criminal Procedure 11.3 “Bail”...

The following Subtitles are now updated and available on Westlaw: Business Organisations 4.9 “Financial Services Regulation”; Civil Procedure 5.1 “Initiating Process, Service and Appearance”; Contracts: Specific 8.6 “Guarantees”; Criminal Offences 10.10 “Public Order”; Criminal...