Abstract
The Financial Services Reform Act has brought with it a raft of new obligations if one carries on a financial services business - what is financial product advice - exemptions for lawyers and accountants - the 'factual information' exemption - financial product advice and the use of disclaimers - implications stemming from giving advice - providing financial product or personal advice to retail clients - distinctions between advice and information and personal and general advice are not clear - drafting of the legislation is ambiguous.
Original language | English |
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Number of pages | 7 |
Journal | Commercial Law Quarterly |
Publication status | Published - 2002 |
Keywords
- Australia. Financial Services Reform Act 2001
- financial services industry
- corporation law
- Australia