Table of Contents
Unconscionability Breaks New Ground – Avoiding and Litigating Unfair Client Conduct After the ACCC Test Cases and Financial Services Reforms
Key Questions for Advisers
Moving the Goalposts on Commercial Parties
PPT Slide
Review of Code of Banking Practice – Final Recommendation (implemented in new clause 2.2)
Common Terms for Acting Unconscionably, Unfairly, or in Bad Faith
PPT Slide
Changes in Unconscionability Regulation
Unconscionability’s General Meaning
Different Unconscionability Scenarios
Unconscionability Under TPA s51AA & ASICA s12CA
FSR Legislation & Unconscionability (s991A(1) CA)
Unconscionability Under TPA s51AC (cf s12CC ASIC Act)
Unconscionability Criteria Under TPA s51AC (cf s12CC ASIC Act)
Practical Illustrations from the Test Cases
Banking Test Case – ACCC v NAB
Trends & Commercial Implications
Banking Update – Latest Common Law International Developments
Trends & Banking Implications
Setting Banking Policy & Procedures
Avoiding the “Godfather” Option
Wider Danger Areas in Practice
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