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 discussed

• How ASIC is using efficiently, honestly and fairly in enforcement
• Governance and systems expectations from recent cases
• Cyber risk and scam prevention obligations
• Application beyond traditional financial services conduct
• The intersection with other obligations such as trustee duties under the SIS Act
• Practical implications for financial institutions