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Australian Federal Budget: 2023-2024

Overview Treasurer Jim Chalmers delivered his second budget for the Labor Government overnight, less than 8 months on from his first budget delivered after the change of government. The RBA cash rate was 2.60% back then ...

Financial Services - Distance Contracts

Following the trilogue between the European Parliament and the Council, an agreement was reached on the revision of the rules concerning Directive 2002/65/EC on Distance Marketing of Consumer Financial Services, includin ...

RBA Report Reveals Reducing Cash Use in Australia

The Reserve Bank of Australia’s (RBA) Bulletin for June 2023 indicates the changing payment methods in Australia, with a particular focus on the declining use of cash payments by consumers. The Reserve Bank’s 2022 C ...

Retail Investment in the EU

The Commission has adopted a Retail Investment Package, aiming to empower consumers while investing in EU capital markets. The current package will amend the Markets in Financial Instruments Directive (MiFID II), the Ins ...

The Moveable Transactions (Scotland) Act 2023 Is About to Change the Commercial Landscape in Scotland: This Is What You Need to Know

The Moveable Transactions (Scotland) Act 2023 (the “Act”) received Royal Assent on 13 June 2023. The Act will make fundamental (and very positive) changes to the commercial landscape in Scotland when it comes into f ...

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