Issue 26, February 2019
In our first edition of Fundamental for 2019, managing partner Sean McMahon asks whether it's business as usual for our clients in the aftermath of the Hayne Report and notes the Commissioner's recommendations for ASIC to change its "enforcement culture" suggests all participants would be wise to ensure their systems and procedures are 'best of breed'.
The corporate regulator features prominently in this edition where we look at—
- the draft tax and regulatory components of the CCIV regime
- reforming the fees and costs disclosure regime for managed investment schemes
- extending licensing relief for foreign financial service providers
- onsite reviews of internal dispute resolution processes
- the long-awaited Federal Court decision about ASIC's proceedings against Westpac
- a landmark win where the High Court ruled against the directors of failed retirement village owner Prime Trust for breaching their duties.
We feature an interview with Simon Howard from LaSalle Investment Management about the green leasing trend and some current projects.
Also in the real estate sphere, we look closely at navigating the new cladding regime; the overhaul of commercial building energy efficiency requirements; and review the operation of the surcharge purchaser duty and surcharge land tax which was introduced in New South Wales last year.
We hope you enjoy the latest edition of Fundamental.
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