The latest Gadens’ Regulatory Recap covers recent regulatory developments and enforcement actions in Australia. Key points include ASIC’s ongoing concern about licensee reporting under the reportable situations regime, its ability to take down scam websites, its stance on greenwashing, and its supervision of compensation for retail investors. AFCA, AUSTRAC, the OAIC and Treasury also announced various initiatives and consultations. Meanwhile, APRA announced a stronger focus on cyber security and operational resilience, and the ACCC launched an initiative to promote competitive markets in the Pacific.
The True Cost of Focusing on Cost Instead of Cost-Effectiveness
When payors consider only the cost of the medication and not the cost and risk to the patient, doctor, and healthcare system, the irony is
