Compliance Toolkit

Researching Australian law

The LLRX guide on researching Australian law contains useful links covering finding Australian Legislation, Courts and Judgments, Treaties, Secondary Sources, Journal Literature, Legal Encyclopedias, Law Reform, Government Information, Dictionaries, Directories, Legal Research Guides, Information Brokers and Major Texts.

Corporations Act

ComLaw has published a consolidated Corporations Act incorporating the amendments made by the Corporations Amendment (Improving Accountability on Termination Payments) Act 2009

Fair Work Act

The Fair Work Act is available here on ComLaw.

Financial Claims Scheme package

The Financial Claims Scheme package has been passed and assented to:

UPDATE 14 November: see also

Banking Act 1959 - Declaration of Covered Financial Products

Banking Amendment Regulations 2008 (No. 1)

The final details of the fees payable by ADI's for the deposit and wholesale funding guarantees are here:

Australian Government's 2008 Deposit and Wholesale Funding Guarantees (Treasury, 24 October 2008)

UPDATE 22 November:

The Australian Government Guarantee Scheme for Large Deposits and Wholesale Funding website

UPDATE December 2008: Insurance Amendment Regulations 2008 (No. 2)

Designing a compliance framework

Designing a compliance framework from David Jacobson on Vimeo.

Workplace Relations Act

An updated consolidated Workplace Relations Act incorporating the changes made by the Workplace Relations Amendment (Transition to Forward with Fairness) Act 2008 is available here.

Simpler Regulatory System Act commences

The Corporations Legislation Amendment (Simpler Regulatory System) Act 2007 received Royal Assent on 28 June 2007.

Here is the updated Corporations Act incorporating the Simpler Regulatory System Act changes.

The Regulations to implement the Act are:

Collaborative compliance wiki

We are all looking for ways to store and find that document or piece of information we're going to need in the future.

And just as importantly we are looking to find ways to share that information with others.

In my quest for a solution, I have set up a wiki to help share tools and information to manage compliance. The goal is to create a "how to" resource as much as a "what to do" resource collectively with like-minded persons and to co-operatively improve our compliance resources.

Unlike Wikipedia which is an encyclopaedic open wiki, this wiki will be limited to compliance and can't be changed unless you register.

Communities of practice have become a cornerstone of the knowledge strategy of leading organizations.

If you're interested in risk management and compliance I invite you to join.

Go to www.complianceonline.com.au and have a look.

The site is designed to be co-operative: by registering (there is no fee) you can suggest topics, create new pages or add to or comment on existing topics. You can contribute by identifying problems you are trying to solve, outcomes you are trying to achieve, lessons learned or solutions you've already devised.

Or you may wish to focus on one issue rather than the variety I have started on.

Let me know what things are important to your business or the things that interest, challenge, excite or intrigue you. If we have common interests I will try to provide the resources on the wiki.

You can just read collaborative compliance wiki if you want to but if you want to participate you will need to register.

Do Not Call Register essentials

The Do Not Call Register is expected to commence on 31 May 2007. It will be administered by ACMA.

The package of laws, regulations and standards consists of:

FSR Compensation

ASIC has announced a new class order [CO 06/1012] extending the transitional compensation arrangements under s912B of the Corporations Act 2001 from 1 January 2007 to until 30 June 2007.

The Government plans to finalise the compensation regulations during the next six months, including any further transition period.

Background