All Bulletins

 
9th March, 2017 · bulletin ASIC Acts To Address Flex-Commissions In Car Finance Market
On Friday 3 March 2017 ASIC announced that it will prohibit flex-commission in the car finance market but will still allow lenders to pay other types of commissions to car dealers. ASIC has decided on...
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3rd March, 2017 · bulletin Flex-Commissions
This afternoon ASIC released its proposals on flex-commissions paid to Dealers by financiers. The ASIC documents can be viewed here. AADA is examining the documents and will issue a detailed report on the implications for...
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17th February, 2017 · bulletin Good news from the ACCC at last
Our persistence and advocacy is paying off. The ACCC today brought down its draft determination to deny authorisation of cartel behaviour sought by 16 insurance companies seeking to impose a 20% cap on commissions paid...
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7th December, 2016 · bulletin Federal regulatory impact on high-value dealers under anti-money laundering and counter terrorism financing act 2006 (aml/ctf act)
The AML/CTF Act provides the means to help detect and deter money laundering and terrorism financing. It also provides financial intelligence to revenue and law enforcement agencies. Businesses must meet minimum obligations and assess the...
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2nd December, 2016 · bulletin ASIC recommends approval of insurance industry cartel proposals
ACCC likely to implement 20% cap and other actions in 2017 Last month ASIC reviewed the insurance industry’s application to institute a voluntary code to regulate commissions and other matters on five categories of so-called...
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14th November, 2016 · bulletin Carsguide.com.au
We are writing to advise you about an important change to the competitive landscape in the internet lead management space and across related dealer support services. The existing Carsguide.com.au joint venture between around thirty of...
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