Financial Services Legislation eNews | January 2023

Financial Services Legislation eNews

25 January 2023

What do you think?

Stakeholder feedback is crucial for developing recommendations for simplification of corporations and financial services legislation.

In this Background Paper, Reflecting on Reforms II – Submissions to Interim Report Bthe ALRC provides an overview of the feedback it has received, by way of formal submissions, on questions and proposals outlined in Interim Report B. This feedback will inform the development of proposals in Interim Report C, as well as recommendations for reform made in the ALRC’s Final Report.

READ FSL 10 REFLECTING ON REFORMS II – SUBMISSIONS TO INTERIM REPORT B

You’ve heard of SAOs, but what about DAOs?

WEBINAR Wednesday 15 February 2023 at 5.00pm AEDT

The Corporate Law and Financial Regulation Research Program, in association with the ALRC, are hosting a webinar on the regulation of crypto assets and Decentralised Autonomous Organisations (DAOs) on 15 February 2023.

The webinar will provide an update on regulatory developments in Australia and overseas, and will explore the direction of future reforms. Learn more about the speakers and register via the link below. 

REGISTER TO ATTEND WEBINAR
DOWNLOAD ALRC BACKGROUND PAPER – NEW BUSINESS MODELS, TECHNOLOGIES, AND PRACTICES (FSL7)

ALRC DataHub – Are you curious?

The ALRC DataHub offers insights into Australia’s statute book and reflects our commitment to identifying, analysing, and understanding complexity in legislation and the law more generally.

Currently the DataHub includes 16 data sets that can be analysed by researchers to generate novel insights into Australian law and legal history. These data sets cover all Commonwealth Acts and regulations ever made, as well as other forms of delegated legislation. The ALRC has published seven case studies to show how the data can be used, including on lawmaking during the COVID-19 pandemic, issues of Law, War, and Peace, and a history of the Australian statute book.

VIEW THE ALRC DATAHUB
THE WONDROUS UNIVERSE OF LAW: THE ALRC’S DATAHUB AND A NEW AGE OF LEGAL EXPLORATION

User-friendly legislation: Why we need it, and how to achieve it

In a new article, Dr William Isdale and Nicholas Simoes da Silva share some ideas on how legislation could be made more ‘user-friendly?

“Modern smartphones are some of the most technologically sophisticated pieces of equipment ever invented. And yet, to operate one, you don’t need a PhD in computer science or years of experience. For the most part, their operations are intuitive and their functions easily navigable. If only the same could be said for all modern legislation.”

READ ABOUT USER-FRIENDLY LEGISLATION