Financial sector reform and professional advice

Author(s)
Adams, Michael A
Publication Date
2002-09
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.
Citation
Commercial Law Quarterly, 16(3), p. 20-26
ISSN
0819-4262
Link
Language
en
Publisher
The Commercial Law Association of Australia Ltd
Title
Financial sector reform and professional advice
Type of document
Journal Article
Entity Type
Publication

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