Fundamental

Issue 27, May 2019

This edition of Fundamental leads with our special feature on the corporate insurance market implications of the Hayne Royal Commission and the fallout for the funds management industry with guest contributor Ryan Neary from GSA Insurance Brokers. Following the insurance theme, partner Langton Clarke explores some of the bespoke insurance products designed for sale and purchase transactions.

Continuing our focus on the Royal Commission we then investigate:

• What ASIC's new "why not litigate" stance really means
• The distinction between personal and general advice
• Changes to the product design and distribution laws
• Proposed legislation banning grandfathered commissions.

We also look at:

• When pre-sales representations are misleading and deceptive
• Queensland's new waste levy
• Proposed changes to employee share schemes
• Changes to the ASX Corporate Governance Principles and Recommendations dealing with corporate culture
• Whether investment in a class of units gives rise to a separate trust.

Finally, we celebrate promotions to senior associate for Kristy McCluskey and Elliott Stumm and warmly welcome special counsel Matt Moses to our Funds Management team and Emma Taylor to our Real Estate team.

We hope you enjoy this edition of Fundamental and we look forward to your comments.

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.

• Upfront – Personal versus general advice
• ASIC's new era of regulation – the bottom line
• What does the Banking Royal Commission mean for corporate insurance and fund managers?
• Mergers and acquisitions insurance
• Proposed changes to employee share schemes
• ASX corporate governance principles – update
• Are you ready for the new waste levy?
• Changes to the product design and distribution laws
• When are pre-sales representations misleading or deceptive?
• Is it a class of units or a separate trust?
• Best Lawyers
• Paper certificates of title removed in Queensland
• Grandfathered commissions banned
• ASIC industry levies – update