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Australian Regulatory Compliance Review

Australian Regulatory Compliance Review

http://www.djacobson.com

impact of law and regulation on businesses

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  • AML draft rules released for comment

    Posted on Tuesday December 8th, 2009 at 19:58 in anti-money laundering

    Austrac has released the following draft rules for comment until 15 January 2010: amending the definition of 'designated business group' to allow reporting entities that are either a representative or sub-representative of a money transfer servic...

  • Australian Consumer Law stage 2

    Posted on Tuesday December 8th, 2009 at 13:57 in Marketing, trade practices

    The Ministerial Council on Consumer Affairs (MCCA) has agreed to the final form of the Australian Consumer Law which will take full effect on 1 January 2011. It will introduce a single, national law for fair trading and consumer protection, which app...

  • Personal Property Securities: draft amendments to Corporations Act

    Posted on Tuesday December 8th, 2009 at 01:46 in financial services, corporations act

    The Attorney-General's Department is seeking comments on the exposure draft of the Personal Property Securities Bill (Corporations and other Amendments Bill) 2009. The exposure draft Bill proposes amendments to the Corporations Act 2001 consequentia...

  • Business regulation update: COAG December 2009

    Posted on Monday December 7th, 2009 at 13:32

    The Communique from the Council of Australian Governments’ Meeting on 7 December 2009 includes a "Report Card" on business regulation and competition reform. It covers progress on: national licensing system for air conditioning and refrigerat...

  • ASIC consults on corporate bonds

    Posted on Monday December 7th, 2009 at 13:16 in financial services, corporations act

    ASIC has released Consultation Paper 126 Facilitating Debt Raisings to assist with the development of a sustainable listed corporate bond market in Australia. The Consultation Paper proposes relief from long form prospectus requirements subject to t...

  • ASIC issues policy guidance on margin lending licensing

    Posted on Monday December 7th, 2009 at 01:43 in financial services, corporations act

    ASIC has released policy and regulatory guidance to assist issuers and advisers of margin lending facilities comply with new licensing, conduct and disclosure requirements, following the passage of the Corporations Legislation Amendment (Financial Mo...

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