The Future of Financial Advice (FOFA) reforms introduced a series of changes to the financial services industry in Australia. After being heavily contested and discussed between politicians, major banks, industry regulators and superannuation fund, the current provisions look to be here to stay for the foreseeable future. Now, as the FOFA requirements settle, it is time to assess the success of their implementation and impact on targeting the issues they set out to address.
Melody assists in preparing, reviewing and negotiating legal documentation for participants in the financial services industry. Melody also assists with developing, reviewing and amending compliance documentation. She also supports the Compliance Consultants with the preparation of AFSL and ACL applications, variations and compliance reviews. Melody provides ongoing legal support and also assists in implementing ongoing compliance support, updating procedural documentation and preparing compliance reporting for Compliance Committees and Boards of Directors.