FS Reg Room Episode 7: Unpacking 'Efficiently, Honestly and Fairly’

The obligation to act efficiently, honestly and fairly is increasingly shaping ASIC enforcement strategy. In this episode, host Nathan Hodge is joined by dispute resolution partners Amanda Engels and Damian Lovell to discuss how recent cases are expanding the obligation and what this means for financial institutions.Key topics discussedHow ASIC is using efficiently, honestly and fairly in enforcementGovernance and systems expectations from recent casesCyber risk and scam prevention obligationsApplication beyond traditional financial services conductThe intersection with other obligations such as trustee duties under the SIS ActPractical implications for financial institutions