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Navigating the self-reporting breach regime

One-hour virtual workshop | 16 April 2024.

It has now been over two years since amendments were made to the breach reporting regime, however superannuation trustees are still raising many questions about complying with the rules and with RG 78.

This workshop, facilitated by Sanela Osmanovic, Senior Associate, KHQ Lawyers, will provide you with latest information about how RSE licensees can meet their obligations to report certain breaches of the law to ASIC. The predominant focus of the workshop will be the release of Report 775 in October 2023 where ASIC’s overall message to licensees was very much along the lines of ‘you can do better’.

Enrol now.

Key topics to be discussed include:
  • A refresher of the breach reporting regime.

  • The updated guidance that has been released in the past two years.

  • ASIC’s concerns about inconsistency in breach reporting.

  • Changes to misleading and deceptive conduct reporting..

Who should attend?
  • Trustees and directors
  • CEOs, and senior management staff
  • Governance, compliance and risk professionals
  • Service providers
  • Those who support the board/trustee function

Sanela Osmanovic

Senior Associate, Superannuation & Financial Services team, KHQ Lawyers

Sanela is a Senior Associate in our Superannuation & Financial Services team, and has a broad range of experience working with a range of superannuation fund trustees and superannuation administrators. She advises trustees on all aspects of operating a superannuation fund which includes superannuation law, privacy law, family law, corporate law and litigation. 

Sanela regularly advises clients in relation to:

  • successor fund transfers
  • licensing and disclosure obligations under the Corporations Act
  • group insurance arrangements
  • matters involving the regulators such as breach reporting and relief applications
  • corporate governance
  • civil procedure and dispute resolution
  • privacy law, and
  • anti-money laundering compliance.

Sanela works closely with clients, including being seconded on two occasions for 6-month periods to an in-house counsel role with our clients. She has also participated in an advisory role on one client’s board committee responsible for determining insurance claims made by superannuation members.   

In 2020, Sanela was awarded the New Superannuation Lawyers’ Award by the Superannuation Committee of the Law Council of Australia, as recognition for a paper she wrote on the introduction of the Financial Accountability Regime for superannuation trustees, comparing the proposed Australian legislation with similar UK legislation. She is the chair (and organiser) for the Victorian division of the legislation discussion group for the Association of Superannuation Funds of Australia (ASFA). As part of her association with ASFA, she has been engaged by on several occasions to write articles or deliver training sessions for their industry members.  She has presented at industry-wide seminars for the Australian Institute of Superannuation Trustees (AIST) and internal seminars for the Australian Financial Complaints Authority (AFCA). Sanela also prepares the weekly KHQ Lawyers Super Alert.

How you’ll learn

One-hour online virtual workshop.

ASFA’s virtual workshops are a live and interactive learning experience. Participants can engage with industry-leading presenters who are experts in their field, together with their peers, just like they would at an ASFA face-to-face workshop. It is a unique opportunity to workshop ideas and concepts in a collaborative online environment facilitated by experts.

Virtual workshops are limited to 30 participants to allow for discussion, and to ensure that participants have ample opportunity to ask presenters questions.

Register / Enrol

Public virtual workshop

TypeInc. GST

CPD Points

1 Continuing Professional Development (CPD) points for members of ASFA’s Professional Accreditation Program.

For all enquiries, contact ASFA Learning.

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Media Release 11 April 2024