September 15, 2021

Appearing before a parliamentary committee, ASIC’s new chair addressed the supposedly competing goals in the Government’s Statement of Expectations and the regulator’s response. What does this mean for ASIC’s future regulatory activities and the perceived disparity between its treatment of the “big end of town” and other businesses? 

The results from our latest survey suggest a mix of confusion and dread regarding the looming DDO regime. And according to a submission, the lack of consideration for advisers’ existing obligations might create some major headaches down the track.