by Catherine Evans | Nov 19, 2025 | AML, Uncategorized
As AUSTRAC’s reforms take shape, both newly regulated professions and long-standing reporting entities need to revisit their approach to customer due diligence (CDD). For lawyers and accountants, CDD will be entirely new. For financial advisers and wholesale fund...
by Kit Legal | May 2, 2025 | Uncategorized
7 things we learnt from the DOD Bookkeeping case That ASIC is absolutely focused on ensuring that financial advice is tailored to individual client needs and that remuneration structures do not compromise the quality of advice. That remuneration structures should not...
by Kit Legal | Feb 19, 2025 | Uncategorized
The Parliamentary Joint Committee on Corporations and Financial Services recently released its Report on Wholesale Client Tests, recommending that no immediate changes should be made to the current thresholds. This inquiry was initiated in response to concerns that...
by Kit Legal | Aug 16, 2024 | Uncategorized
Prepared by Kit Legal with feedback from their wonderful clients. The Journey to Self-Licensing: What We Learned Flexibility and Control: The Most Cited Benefits One of the recurrent themes in the survey responses was the benefits of freedom and control that...
by Kit Legal | Jul 23, 2024 | Uncategorized
The Delivering Better Financial Outcomes (DBFO) legislation received Royal Assent meaning that the FSG changes are now live and the changes to FDS and OFAs will commence on 10 January 2025. Some last minute changes were slipped in which had us all breathing a sigh of...
by Kit Legal | Nov 25, 2020 | AFSL, Uncategorized
Prepared by Rosie Jervis. The settlement of a case brought against REST by a super fund member has potential legal implications not only for Super Funds but also for any Investment Managers and Advisers who fail to consider ESG principles as a part of investment...
