Life Insurance update
Welcome to our update, bringing you the latest in Life Insurance news. During Life@AILA’s webinar on Tuesday, 13 October 2020,…
Find past news & insights
ASIC’s new product intervention power
As part of its response to the Financial System Inquiry, the Australian Government introduced a product intervention power to enable…
ASIC Consults on Responsible Lending
Summary The Australian Securities and Investments Commission (ASIC) has released Consultation Paper 309 – Update to RG 209 (Consultation Paper)….
ASIC consults on credit card responsible lending assessments
ASIC has today issued Consultation Paper: Responsible Lending Assessments (CP 303) which proposes for a 3 year period to be…
Foreign Financial Service Providers – Extension of ASIC Licensing Relief and Consultation
The Australian Securities and Investment Commission (ASIC) has made seven class orders that conditionally exempted foreign financial service providers (FFSP)…
Eliminating unfair contract terms in small business lending contracts
The Australian Securities and Investments Commission (ASIC) and the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has issued a…