Tag Archives: australia

‘Doing the Job That’s Required?’: Social License to Operate and Directors’ Duties 

By | December 27, 2022

The concept of social license to operate (SLO) is becoming increasingly important as a de-facto corporate regulatory device, with implications for how company directors discharge their duties. While an agreed definition of SLO is hard to identify, at its broadest, SLO might be described as the public’s expectation that businesses will ‘do the right thing.’ This… Read More »

Accountability of the Australian Securities and Investments Commission and the Establishment of the Financial Regulator Assessment Authority – An Evaluation 

By | July 7, 2022

The Australian Securities and Investments Commission (ASIC) is Australia’s corporate, financial services, and consumer credit regulator. A general description of ASIC is that it is responsible for corporate regulation, the regulation of financial markets and clearing and settlement facilities, the regulation of providers of financial services, and market integrity and consumer protection functions in connection… Read More »

Why Australia Needs a Better Model for Its Enhanced Fintech Sandbox

By | July 26, 2021

Regulatory sandboxes are an important part of the ongoing global race to attract FinTech talent, as different economies keep launching new programs to support FinTech and attract innovators. Australia is no stranger to this race: between 2014 and 2020, the number of FinTech start-ups in the country increased more than seven-fold and exceeded 700. In… Read More »