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FWO announces 2021-22 priorities


Date Time
FWO announces 2021-22 priorities
Fair Work Ombudsman Sandra Parker has announced the regulator’s strategic priorities for the year ahead, with the key focus supporting workplaces as they manage the ongoing impacts of COVID-19.
Speaking at a Council of Small Business Organisations Australia (COSBOA) roundtable meeting today, Ms Parker said the contract cleaning sector was a new compliance and enforcement priority this year.
“Intelligence indicates that contract cleaning is part of an industry with large proportions of migrant workers, low paid and part-time workers, who we know are at higher risk of exploitation. The sector also has a significant history of non-compliance, which, combined with an expected quick recovery due to increased demand for COVID-19-safe cleaning practises, makes it a sector to monitor closely.” ....

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SEC Examinations Releases Digital Asset Securities Risk Alert


Sunday, March 7, 2021
On February 26, 2020, the Security and Exchange Commission’s (“SEC”) Division of Examinations (the “Division”) published a Risk Alert, “The Division of Examinations’ Continued Focus on Digital Asset Securities.” In the Risk Alert, the Division offered insight into its current examination focus with respect to the activities of market participants, including investment advisers, concerning digital assets that are securities (“Digital Asset Securities”) and distributed ledger technologies.
The Alert outlines the observations of the Division, which were the product of examinations of investment advisers, broker-dealers, and transfer agents and their use of Digital Asset Securities. At only eight pages, the Alert is not an exhaustive compliance document for market participants and does not detail explicitly how firms might remain in compliance with securities laws and regulations.  The Division’s outline of the risks it ....

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SEC Announces 2021 Examination Priorities