Reply To: How does one deal with FDSs and breaches given the law still imposes an obligation to provide FDSs to pre 1 July 2013 clients on ongoing fee arrangements?

[KMack]

Thank you for this information – terrific.
An FDS question to follow if I may: Do you agree that an FDS will still be required under the draft legislation for a pre-1 July 2013 client, with whom a revised ongoing service level agreement is signed post-1 July 2013. ie that a new service agreement (which meets the continuing definition of an “ongoing fee arrangement”) signed after 1 July 2013 drags them into the post 1 July 2013 requirements?