In its just-released report, Without Fear of Favour: Judicial Impartiality and the Law on Bias, the Australian Law Reform Commission has outlined 14 recommendations which, if adopted, will buttress impartial decision-making and help maintain the legitimacy of the federal judiciary in a changing world. This article outlines the context for the Inquiry, consultation views and empirical data considered by the ALRC, and summarises a number of the report’s key recommendations.Read more
Delve into the praise and critique of the ALRC’s proposals and questions raised in Interim Report A of the Financial Services Legislation Inquiry in this recorded webinar held on Friday 17 June 2022. Watch the recording to understand what we’ve heard so far, and how this feedback will shape the ALRC’s approach to the simplification of financial services and corporations legislation.Read more
How to simplify the Corporations Act and financial services laws was the focus of the ALRC’s presentation to the Law Council of Australia’s 2022 Corporations Law. The workshop was held in Katoomba, NSW on the 3-5 June 2022.Read more
On Tuesday 24 May 2022, the Australian Law Reform Commission hosted a webinar featuring a panel of international experts to compare and discuss the approach of regulatory design in different jurisdictions. In particular, the panel discussed the question of what should go in primary legislation and what should go in delegated legislation. The Hon Justice …Read more
The ALRC congratulates Senior Legal Officer Dr William Isdale on the publishing of his book, Compensation for Native Title.Read more
In March 2022 Terms of Reference were announced for the Quality of Advice Review, to be conducted by Ms Michelle Levy and a secretariat from the Department of the Treasury (Cth). The review will consider reforms aimed at ensuring Australians have access to high quality, affordable and accessible financial advice. A final report will be …Read more
Feedback on Interim Report A of the Financial Services Legislation Inquiry.
The ALRC has received 56 submissions from a range of stakeholders in response to the 24 proposals and questions outlined in Interim Report A of the Financial Services Legislation Inquiry. Join us for a discussion of what we’ve heard and how the feedback received will shape the ALRC’s approach to the simplification of financial services and corporations laws.
Join the ALRC as it hosts a panel of international experts from the UK, New Zealand, and Hong Kong to discuss regulatory design and the hierarchy of laws.Read more
Shifting sands in the regulation of financial risk: the ALRC’s new Background Paper on Risk and Reform in Australian Financial Services Law
In a new Background Paper — Risk and Reform in Australian Financial Services Law (FSL5) — the Australian Law Reform Commission explores how an evolution in thinking about risk has been an important driver of financial services law reform. In particular, the Paper reveals how the ‘shifting sands’ of regulatory approaches have resulted in legislation that is unwieldy and extraordinarily complex.Read more
In 2022, the ALRC is undertaking a number of projects to identify aspects of complexity in corporations and financial services legislation. These projects will provide legislators with a reform menu and allow complexity to be appropriately managed over time.Read more