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  1. Royal Commission Recommendations Implementation Update

    10 September 2019 | Insurance & Health Law

    8 months on – Industry feeling the Hayne There’s no doubt that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry captured the public’s attention throughout 2018/19. The Commission saw...

  2. Does the Royal Commission Recommendation on Claims Handling Pass the Smell Test?

    6 February 2019 | Insurance & Health Law

    One of the key recommendations from the Hayne Royal Commission for the insurance industry is for claims handling to be included in the definition of ‘financial services’ under the Corporations Act 2001. The net effect of this is to require...

  3. Your Guide to the Banking Royal Commission Recommendations

    4 February 2019 | Insurance & Health Law

    On Friday morning, Kenneth Hayne drove to Yarralumla to provide Governor-General Sir Peter Cosgrove a copy of the Final Report (the Report) of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (the Royal...

  4. NSW Supreme Court Finds in Favour of Insurers on Aggregation of Claims

    19 November 2018 | Insurance & Health Law

    In the shadow of the Banking Royal Commission, and in an environment where class actions appear to be a permanent feature of the legal landscape, the decision of the NSW Supreme Court in Bank of Queensland Ltd v AIG Australia Ltd [2018] NSWSC 1689 will be...

  5. Financial Services Royal Commission hands down Interim Report

    28 September 2018 | Insurance & Health Law

    Over the past 10 months or so, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has placed Australia’s big banks and financial services entities under intense scrutiny. Two hours ago, and two days...

  6. A case for insuring Civil Penalties

    4 September 2018 | Insurance & Health Law

    Civil Penalties 2018 has seen unprecedented levels of regulatory action against Australian corporations. This includes the watershed $700 million fine against the Commonwealth Bank for breaches of the anti-money laundering and counter-terrorism financing...

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