Issue 25, December 2018

Our final edition of Fundamental for 2018 leads with a special feature on the significant disruption currently witnessed across the financial services sector, including the fallout from the Interim Report of the Financial Services Royal Commission; questions around the "efficiently, honestly and fairly" standard for financial services; a new code of ethics for financial advisers; and the latest on the Design and Distribution Obligations and Product Intervention Powers Bill.

We continue this focus with the launch of Financial Services Thinking – a new publication to help prepare you for some of the most significant reforms to the financial services industry in decades.

In this edition we also take a close look at FIRB's revised guidance on the "open and transparent sale" test; the pitfalls of data rooms in property transactions; the new dishonesty test for directors; and related party transactions.

We're proud to announce both our Funds Management and Real Estate teams are recognised as industry leaders by independent legal services guide Chambers Asia Pacific. Ranked above and alongside much larger national and international firms confirms our unique standing in the market.

We close the year by warmly congratulating Nicholas Stevens on his promotion to partner and welcoming lawyer Justin Foster to our Real Estate team which now comprises 11 lawyers dedicated to supporting our clients' growth.

Finally, our best wishes to you and your family for a safe and happy Christmas. Thank you for your support and we look forward to working with you again in the New Year.

Merry Christmas!

For this edition of Fundamental, please click through the articles below to view them or download the full PDF version by clicking on the View PDF button above.