Brought to you by:

Regulatory & Government

Cybercrime law passes

16 October 2001

The Cybercrime Act was one of a raft of legislation to receive assent on October 1…

ASIC steps in over super funds

16 October 2001

Liquidators have been appointed to four companies that allegedly misused their superannuation funds…

Movement on reform

09 October 2001

Right on the edge of calling an election, Financial Services and Regulation Minister Joe Hockey has managed to get the last revised draft Financial Services Reform Act regulations out of Treasury…

New FSR regulation removes anomaly

02 October 2001

Draft regulations issued by ASIC last week have laid to rest concerns by loss adjusters and other industry service-providers that they would be caught up in the financial services reforms…

Global regulation drawing closer

02 October 2001

More countries are beginning to look seriously at the push for global uniformity in financial services regulation…

Businesses unprepared for new privacy laws

02 October 2001

Only 19% of Australian businesses have started preparing for the changes to the privacy legislation, according to a report commissioned by the Federal Privacy Commissioner…

Tax Law passed

02 October 2001

The Tax Law Amendment Bill has now been passed in both houses of parliament with the only barrier being the wait on royal assent…

Mixed response to new super rules

02 October 2001

The Federal Government plan’s to introduce tough rules for superannuation funds has received a mixed response from the super industry…

A bad year for NZ’s compo system

25 September 2001

New Zealand’s Accident Compensation Corporation, nationalised last year after less than a year in private sector hands, has lost $313 million from premiums of $1.9 billion…

Whitlam faces ASIC charges

11 September 2001

ASIC has commenced civil proceedings against former NRMA Insurance CEO Nicholas Whitlam, alleging he breached his duties as a director when he was chairman of the company…

Former broker gets three years

11 September 2001

John Andrew Hurlock, a former director of Queensland company Trojan Insurance Brokers, was sentenced last week to three years jail after pleading guilty to 12 charges…

Broker agrees to undertaking

11 September 2001

ASIC has accepted an enforceable undertaking from Melbourne company Insurance Brokers Limited to comply with the Insurance (Agents & Brokers) Act by paying premiums to insurers…

Hockey onto super

28 August 2001

APRA is the news again, this time because Financial Services and Regulation Minister Joe Hockey is offering them the opportunity to present a “wish list” of what they…