Background In March 2018, the Senate referred an inquiry (Inquiry) into the operation and effectiveness of the Franchising Code of Conduct (Code) to the Parliamentary Joint Committee on Corporations and Financial Services (Committee). Since 5 … Continued
Introduction Following the successful passage of the Children Legislation Amendment (Information Sharing) Act 2018 (Act), Government departments, regulatory bodies, health and social service providers and education providers with responsibility for the wellbeing and safety of children … Continued
Regulatory frameworks that are based on core principles and standards have an important advantage over prescriptive frameworks – specifically, they are intrinsically flexible and capable of applying to a wide spectrum of regulated entities and … Continued
In the midst of the Royal Commission into Financial Services (Banking Royal Commission), our corporate financial services regulator – the Australian Securities and Investments Commission (ASIC) – is not escaping scrutiny. Much of the commentary … Continued
Background If 2017 was the year that the ACCC emphasised consumer and small business protection (including an effective focus on achieving higher penalties), 2018 is set to be the year of cartels and the continued … Continued
In 2014, the New South Wales Government (Government) launched the Quality Regulatory Services Initiative (QRSI), which aims to implement an outcomes and risk-based regulatory framework across Government agencies and Government-led industry initiatives. The QRSI implementation … Continued
The legislative framework for the Victorian Government’s new digital customer service platform, Service Victoria, is awaiting debate in the Legislative Council when Parliament resumes in February 2018. If the Service Victoria Bill 2017 survives Victoria’s … Continued
A regulator’s primary remit is to ensure compliance with the regulatory framework which it oversees. Accordingly, compliance and enforcement activity forms the backbone of all regulators’ operations. Such activity includes the spectrum of actions taken … Continued
Four years ago, the Abbott government identified the unnecessary complexity, inconsistency and duplication across the Commonwealth statute book as a result of the rapid development of regulatory powers over the preceding 20 years. Not only … Continued
Events in the real world do not always fit neatly within the bailiwick of one regulator. When corporations and businesses push the envelope (as they often do), they frequently traverse several regulatory jurisdictions. So there … Continued
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