This audio presentation explores the ASIC vs. R M Capital Pty Ltd case, focusing on conflicted remuneration and regulatory compliance in the financial services industry. Listeners will gain insight into ASIC’s allegations, including R M Capital’s failure to take "reasonable steps" to prevent its representatives from accepting payments that could bias financial advice. The discussion covers the Federal Court’s ruling, which clarified the definition of conflicted remuneration and reinforced the responsibility of licensees to actively enforce compliance measures. By the end, listeners will understand the broader implications for financial professionals, including the necessity of robust compliance systems, ethical accountability, and consumer protection.