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Digital assets to be regulated under the financial services framework – how will it impact your business?

On Monday, Treasury released it’s Regulating Digital Asset Platforms Proposal Paper (Paper) (available here). The Paper details the Government’s intention…

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Financial Accountability Regime: Back on the Agenda 

Overview The government has introduced the Financial Accountability Regime Bill 2023 into the House of Representatives. The final report of…

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Litigating in the context of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) – Case Study: Marundrury v Commonwealth Bank of Australia (No 2) [2022] FCA 916

Summary In Marundrury v Commonwealth Bank of Australia (No 2) [2022] FCA 916, a decision from August 2022, Justice Moshinksy accepted submissions…

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ASIC takes action against alleged ‘greenwashing’, with more to come

Background In the second action of its kind in less than two months, ASIC last Friday published three infringement notices…

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Certificates of Independent Advice and Unconscionable Conduct – High Court Case Study: Stubbings v Jams 2 Pty Ltd [2022] HCA 6  

Summary In Stubbings v James 2 Pty Ltd [2022] HCA 6, a decision from March 2022, the High Court found…

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What is expected of a Licensee: the decision of Australian Securities and Investments Commission v RI Advice Group Pty Ltd (No 2)

Australian Securities and Investments Commission (ASIC) commenced proceedings against RI Advice Group Pty Ltd (RI) (an Australian Financial Services License…

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