Proposed Changes to Verification of Identity Requirements – Will Lenders Ever Find “safe harbour”?

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 ...

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Worldwide Survey on Taking Security over Personal/Moveable Property and Collateral

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 - ...

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Construction Professionals Liable for Soil Movement Risk

The December 2014 decision builds on the potential exposure facing construction professionals operating in the domestic building sector arising out of slab heave caused by volatile soil movements, as featured in the article, " Vic...

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End of Calendar Year: Transfer Pricing, Changing Duty Rates and Other Customs Considerations

2015 promises to be a big year from an Australian customs perspective. However, before turning to the events of 2015, the end of 2014 brings issues of changing duty rates, transfer pricing adjustments and developments in our exis...

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Financial Products – ASIC Class Order Clarifies Fee and Cost Disclosure Requirements

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...

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ASIC to Investigate Interest-Only Loans

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 ...

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