The recent release by the Australian Securities and Investments Commission (ASIC) of its report on the cost of consumer leases for household goods (Report 447), coupled with other recent changes, is likely to create a perfect stor...

The decision in ASIC v The Cash Store (in liquidation) [2014] FCA 926, primarily focused on the responsible lending obligations of payday lender, the Cash Store under the National Consumer Credit Protection Act 2009. Other matt...

ARNECC (Australian Registrars' National Electronic Conveyancing Council) is proposing changes to the Model Participation Rules for Electronic Conveyancing, which if implemented will make it more difficult for lenders to rely upon ...

Interlaw Ltd, an Elite* global law firm network, is delighted to present this survey of how practices differ across the world when a lender takes security or collateral over moveable property.  Terminology can be an issue here - ...

On Friday 12 December 2014, ASIC released a class order clarifying key fee and cost disclosure requirements for product disclosure statements and periodic statements for superannuation and managed investment products. This follows...

On Tuesday 9 December 2014, ASIC announced that it will conduct surveillance into interest-only loans as part of a broader review by regulators of home lending standards. ASIC states that it will look at the conduct of lenders ...