Our most recent Banking & Finance articles are listed below:
12 December 2007
APRA releases final APS120: rules for securitisation
On 30 November 2007 APRA released the final version of its revised rules for securitisation by authorised deposit-taking institutions which has an effective commencement date of 1 January 2008, subject to some transitional provisions.
22 December 2004
Consumer Financial Services Update: December 2004
Our December 2004 Consumer Financial Services Update discusses a number of recent developments in consumer financial services including the Family Law Amendment Act, the ACCC releases guide to unconscionable conduct and ASIC and FPA providing guidance on Statements of Advice.
12 November 2004
New South Wales land rich vendor duty
New legislation has been introduced in New South Wales to impose land rich vendor duty. If passed in its current form, particular vendors disposing of an interest in a land rich landholder will incur a liability to duty at 2.25 per cent.
27 October 2004
Consumer Financial Services - Update: October 2004
Our October 2004 Consumer Financial Services Update discusses a number of recent developments in consumer financial services including a credit tribunal decision in relation to section 70 of the Consumer Credit Code, designation of the EFTPOS payment system by the RBA, the release of draft amendments to AS 3806 and proposed amendments to section 66 of the Consumer Credit Code.