Australia

Financial Services Authority Speech: Delivering Effective Corporate Governance - The Financial Regulator’s Role

Hector Sants, chief executive of the Financial Services Authority (FSA) delivered a speech today in which he reviewed the progress of regulatory reforms since the financial crisis and, in particular, focused on how more action is needed to deliver effective corporate governance.
Originally Published: 
Tuesday, April 24, 2012

ASIC Consults on Requirement to Manage Conflicts of Interest in Litigation Schemes and Proof of Debt Schemes

ASIC has released a consultation paper outlining its proposals on how it believes funders, insolvency practitioners and lawyers can satisfy the new obligation to have adequate arrangements for managing conflicts of interest that may arise in relation to a litigation scheme or a proof of debt scheme.
Originally Published: 
Friday, August 17, 2012

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