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 | 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...
by Kit Legal | Aug 25, 2020 | AFSL, Credit, Fintech, KitLegal, Privacy
Prepared by Jodi Ainsworth. ASIC has launched proceedings in the Federal Court of Australia against an AFSL holder, RI Advice Group Pty Ltd (RI), arising from alleged failings in RI’s cybersecurity systems. This case is significant as it provides the Federal Court...
by Kit Legal | May 12, 2020 | AFSL, AML, Credit, Fintech, KitLegal, Privacy
Prepared by Catherine Evans To help ease the burden of doing business in a COVID-19 world, the government has provided temporary relief to the manner in which companies can execute documents without their common seal. Counterpart signatures, which can be physical or...
by Kit Legal | Apr 17, 2020 | AFSL, Fintech
Published 7 May, 2018 Prepared by Peter Hagias Surprise, surprise … ASIC’s targeting ICOs. Alt-coins are all the buzz, but there is a perception that it’s free rein in the wild west when alt-coins aren’t securities and not subject to our financial services laws....
by Kit Legal | Apr 17, 2020 | Fintech, KitLegal
Published March 7, 2017 Prepared by Catherine Evans Imagine a legal system where risk is allocated in contracts fairly and transparently based on the characteristics of the transaction, where all parties can understand the rules on equal footing, where information is...
