King & Wood Mallesons

More FoFA regulations: grandfathering and financial advice businesses

The government has released an exposure draft Corporations Amendment Regulation concerning the ban on conflicted remuneration. If made, the regulation will change the transitional arrangements for conflicted remuneration and provide an exception for the purchase of financial advice businesses. Submissions are due by 18 March 2013.

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Overview

Level 61, Governor Phillip Tower
1 Farrer Place
Sydney
NSW 2000
Australia
http://www.kwm.com

Total partners: 380
Total lawyers: 1,800