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, AML, Credit, KitLegal, Privacy
Published 24 March, 2020 Prepared by Catherine Evans In the last week, there has been a flurry of financial and regulatory measures in response to the economic risk of COVID-19. We know that many of you are getting your heads around these in order to advise your...
by Kit Legal | Apr 17, 2020 | AFSL, AML, Credit, KitLegal, Privacy
Published 12 March, 2020 Prepared by Rebecca Exley Today, the World Health Organisation (WHO), declared Covid-19 to be a pandemic. It certainly wasn’t unexpected news, but what does it really mean? The word “pandemic” describes a disease that is spreading between...
