Publications

Welcome to Issue 91 of our Banking Sector Newsletter. In this issue, ASIC has released guidance around new breach reporting obligations for Australian Financial Services licensees. The reforms take effect from October 1. Also in this issue, AUSTRAC has released four new risk assessments for the Australian banking sector covering money laundering and terrorism financing. The risk […]

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Welcome to Issue 56 of the SA Public Sector Newsletter. South Australia’s online planning system, PlanSA has received new upgrades which facilitate easier public notification processes and access to information about development applications across the state. The new Public Notification process will improve usability for councils to centralise information, while simplifying access for members of […]

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In this fortnight’s edition, the Federal Government has passed the Surveillance Legislation Amendment (Identity and Disrupt) Bill 2021 despite some concerns about needing further measures to protect the privacy of Australian citizens. The Federal Government has also passed the Customs Amendment (Banning Goods Produced by Forced Labour) Bill 2021 signalling stronger measures to prevent Australian […]

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Welcome to Issue 90 of our Banking Sector Newsletter. In this issue, APRA’s new corporate plan outlines how it will protect Australia’s financial system over the next four years. The plan sets out APRA’s strategic priorities for protecting bank deposit-holders, insurance policyholders and superannuation members during the current period of disruption and uncertainty, while also ensuring it […]

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In our previous alert from 4 August 2021, we outlined what we knew so far about the reintroduction of the Victorian Commercial Tenancies Relief Scheme (2021 CTRS).  Now that the Regulations have been released we summarise the 2021 CTRS as follows: Eligible leases: the lease must have been in effect on 28 July 2021, the […]

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Welcome to Issue 89 of our Banking Sector Newsletter. In this issue, APRA has finalised its approach to licensing and supervising new authorised deposit-taking institutions. APRA’s updated approach includes stronger requirements for being granted a banking licence and closer supervision of new entrants. Also in this issue, Federal Parliament has passed new laws allowing digital signatures on […]

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Welcome to Issue 117 of the NSW Public Sector Newsletter. The Treasury Laws Amendment (2021 Measures No.1) Bill 2021 has been passed by the Senate. The Bill temporarily amends section 127 of the Corporations Act 2001 (Cth) allowing companies and registered schemes to undertake electronic execution of documents and hold virtual meetings until 31 March 2022.  This relief ensures […]

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Welcome to Issue 55 of the SA Public Sector Newsletter. From 14 August 2021 companies can (once again) electronically execute documents under section 127 of the Corporations Act 2001 (Cth) (Corporations Act). The new changes to the Corporations Act were implemented by the Treasury Laws Amendment (2021 Measures No. 1) Act 2021 (Cth) (Act), which […]

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This fortnight saw the introduction of legislation into parliament that allows survivors of sexual assault and their families to tell their stories, which the Law Institute of Victoria has welcomed. Meanwhile, more non-government schools have signed up to the Government’s respectful relationships program, which is aimed at, amongst other things, the embedding of attitudes that […]

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Welcome to Issue 88 of our Banking Sector Newsletter. In this issue, consultations by ASIC on proposed reforms to its guidance on hawking financial products are closing soon. The reforms flow from recommendations from the Hayne Royal Commission that found consumers should be protected from being sold financial products they don’t need or want. The revised hawking […]

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