This article examines a preliminary review and the limited evidence of over-regulation in Australian financial services. The 1997 Wallis Report and the CLERP 6 paper, resulted in the amendments to Ch 7 of the Corporations Act 2001 (Cth) by the Financial Services Reform Act. Nearly a decade later...

In 1997, the Organisation for Economic Co-operation and Development (OECD) adopted the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (‘Convention’) which required each member state to make foreign bribery a crime in their respective...

The article discusses the implications of the Australian Government's plans to replace the Australian Charities and Not-for-Profits Commission (ACNC) and to create the Centre for Excellence for the not-for-profit sector. Topics discussed include the National Commission of Audit (NCoA) and the...

The Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth) (CATSI Act) enables indigenous Australians to run their businesses and associations in the form of indigenous corporations. According to the Explanatory Memorandum to the Corporations (Aboriginal and Torres Strait Islander)...

The article discusses the implications of the Australian Government's plans to replace the Australian Charities and Not-for-Profits Commission (ACNC) and to create the Centre for Excellence for the not-for-profit sector. Topics discussed include the National Commission of Audit (NCoA) and the...

Indigenous Australians, like their counterparts around the world, have not consistently had their rights acknowledged and upheld since the earliest days of Western colonisation. From the concept of Terra Nullius to the forcible removal of indigenous children from their families, indigenous...

Enforceable undertaking is one of the sanctions available to the Australian Securities and Investments Commission (ASIC). This penalty is considered as a quasi-administrative penalty by the Australian Law Reform Commission and it permits the corporate regulator to reach desired solutions that...

The concept of Corporate Social Responsibility does not have a precise meaning. Some would describe Corporate Social Responsibility as corporate compliance with the spirit as well as the letter of the law and others may refer to it as a business approach by which an organisation takes into...

As a result of the global financial crisis, weaknesses in New Zealand's securities law regulatory regime became more apparent. Reviews and reforms are currently being undertaken and implemented to ensure the robustness of the regulatory system. For example, the Financial Markets Authority Act...

As a result of the Global Financial Crisis, weaknesses in New Zealand's securities law regulatory regime have become more apparent. Reviews and reforms are currently being undertaken and implemented to ensure the robustness of the regulatory system. For example, the Financial Markets Authority...