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Specialty Group: Financial Institutions and Markets

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Australian Banking & Finance Update

Below is a summary of recent developments in the Australian banking & finance legal landscape. Please click on the links to view each article in full. Westpac wins responsible lending case against ASIC Westpac has won ...

The Prospectus Regulation is Fully in Force: Remaining Provisions Apply from 21 July 2019

As of Sunday, 21 July 2019, the Prospectus Regulation ((EU) 2017/1129) is now fully in force. The provisions which apply from this date introduce a new Universal Registration Document, summary requirements, a simplified ...

Fitness & Probity Regime: Legislation proposed to introduce greater transparency in financial sector

Hot on the heels of the Central Bank's ‘Dear CEO Letter’  to Regulated Financial Service Providers (RFSPs) on compliance with their obligations under the Fitness and Probity Regime, comes a Government announceme ...

Australian Securities & Investments Commission (ASIC) reviews “buy now pay later” industry

This article is republished from LexisNexis Financial Services Newsletter 2019 - Vol 17 No 10. Authored by Andrea Beatty, Partner and Chelsea Payne, Law Graduate. “Buy now pay later’ is a rapidly expanding industry ...

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