features

• Government Bank Guarantee Scheme – How Does it Apply

  Australian financial institutions have been dramatically restricted from accessing funding in international wholesale funding markets - with potentially serious implications for liquidity and lending activity. In response to these pressures, the Prime Minister recently announced a Government guarantee of the deposits and wholesale funding of Australian deposit-taking institutions.  Read More

• Banking & Finance Newsletter: November 2008

  In this issue: Federal Government Announces a National Consumer Credit Code Margin Lending - to be regulated by the Corporations Act 2001 as a financial product EFT Consultation Paper - submissions to ASIC sought by 5 December 2008 Short Selling - Recent Developments to Regulation Read More

• Complaint Handling Procedures Update

  On 8 September 2008, the Australian Securities and Investments Commission released Consultation Paper 102 (CP102) which sets out the regulator’s proposals for updating its policies and requirements for internal dispute resolution (IDR) procedures and its approval guidelines for external dispute resolution (EDR) schemes. Read More