by Kit Legal | Dec 1, 2021 | AFSL, Credit
Prepared by Jodi Ainsworth ASIC is back for the round two of its two-stage consultation on consumer remediation. On 17 November 2021, ASIC released a further Consultation Paper on consumer...
by Kit Legal | Aug 16, 2021 | AFSL, Credit
Prepared by Rosie Jervis. The DDO obligations for financial product issuers and distributors commence on 5 October 2021 following a two-year transition period and a six month deferral of commencement due to Covid-19. ...
by Kit Legal | Jul 22, 2021 | AFSL, Credit
Prepared by Jodi Ainsworth. The new reference checking requirements, which will come into effect from 1 October 2021, have recently been finalised and released by ASIC in a Reference Checking and Information Sharing Protocol (the Protocol). As we...
by Kit Legal | Mar 3, 2021 | AFSL, AML, Credit, Fintech, KitLegal, Privacy
Prepared by Rosie Jervis ASIC continues to focus its enforcement activities on holding financial services businesses to account for making false, misleading and deceptive representations. This week ASIC announced it...
by Kit Legal | Dec 2, 2020 | AFSL, Credit
Prepared by Jodi Ainsworth. ASIC has called for comments on its draft reference checking and information sharing protocol and associated information sheet, which set out proposed new reference checking obligations for licensees employing or authorising a financial...
by Kit Legal | Oct 14, 2020 | AFSL, AML, Credit, Fintech, KitLegal, Privacy
We’ve taken a new approach to recruitment at Kit. In the past when looking at the A(ttitude), S(kills), K(nowledge) profile of a potential new team member we have focused on the K; do they have specialised and specific financial services regulatory compliance...
