Australia: Compliance Insights: 2010 - A challenging year for financial service providers

Welcome to 2010, a year of many compliance challenges for financial services providers.

Legislation update

A number of important Bills were introduced into Federal Parliament in 2009. The status of these Bills and the dates on which the various legislative provisions come into operation are set out below:

Legislation Implementation dates
Corporations Legislation Amendment (Financial Services Modernisation) Act 2009

(Margin lending)