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Regulation & Compliance Update

Proposed disclosure regulation amendments

By Jon Denovan of Gadens Lawyers, Sydney

The MFAA have discussed with Treasury the recently released regulations dealing with credit guides, quotes, and proposal disclosure documents.  As a result of these discussions, the MFAA are very confident that some amendments will be made prior to 1 October 2011 (the start date).  There are also some planned changes for Key Fact Sheets.

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