Search Results | Showing 1 - 10 of 145 results for %22Australian Law Reform Commission%22 |
| | | ... working days, where the regulator decides that they don't raise any competition concerns. The average period for the Australian Competition and Consumer Commission (ACCC) to process merger authorisations has been 171 days. Chalmers and Leigh added that ... |
| | | | ... the banking, credit, insurance, superannuation, investment, payments, and capital market entities. ASIC, APRA, the Australian Competition and Consumer Commission (ACCC), Reserve Bank of Australia (RBA), and Australian Taxation Office (ATO) will all be ... |
| | | | In its final report on the 'confusing maze' of financial services laws, the Australian Law Reform Commission (ALRC) has recommended overhauling the Corporations Act and creating dedicated financial services legislation. The ALRC has been reviewing existing ... |
| | | | ... Consultative Panel and was a member of the panel for the Ramsay Review, which recommended the establishment of the Australian Financial Complaints Authority and Compensation Scheme of Last Resort. Constant has been with CBA for nearly three years and ... |
| | | | ... of the member. Intra-fund consolidation must be undertaken at least once each financial year - an obligation written into law a decade ago. A recent review of nine trustees by ASIC found three of the nine did not have documented business rules for identifying ... |
| | | | The Australian Law Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim ... |
| | | | ... defaults and performance testing," he said. In the case where a consumer does not engage an adviser, the Council of Australian Life Insurers (CALI) wants to see life insurers allowed to provide limited life insurance advice. "This should only happen ... |
| | | | ... in the previous 12 month is to be removed. The exception to conflicted remuneration rules for agents or employees of Australian Authorised Deposit-Taking Institutions (Recommendation 13.5) will also be removed. Life, general and consumer credit insurance ... |
| | | | ... managing partner Jonathan Steffanoni noted that the "Protecting Your Super" reforms introduced a default account stapling law in November 2021. This law is likely to reduce unintentional duplicate accounts in the future, he said. Steffanoni also urged ... |
| | | | ... independent help to avoid poor quality products. This model will entrench the kinds of conflicts that led to the Royal Commission," O'Halloran said. "A poor performing super fund won't advise its members to find a better deal elsewhere. This is dangerous ... |
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