financial Month wrap-up

Financial services monthly wrap up: December 2019 to January 2020

Authors: Jon Ireland, Charlotte Henry, Ray Giblett, Matthew Farnsworth, Stephen Putnins, Anjelica Balis

Australia Publication January 2020

The months of December 2019 and January 2020 have proven to be a busy time for our Government and regulators, with significant changes and proposals for the funds and financial services sector. In particular, Treasury have released 17 bills in response to 22 recommendations made by Commissioner Hayne in the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission), as well as ASIC releasing draft guidance for industry consultation on the new product design and distribution obligations.


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