1101-1110 of 4258 results
Allens advises Quadrant Private Equity on Jaybro acquisition
The deal represents a significant investment by Quadrant into a key sector of the economy which will be integral to the post-pandemic recovery. 'Quadrant's investment will enable Jaybro to continue ...
Setting a new standard: a guide to APRA's operational risk management reforms
Given the tight timeframes proposed, APRA regulated entities should begin to review their operational risk management processes and arrangements against draft CPS 230 – see our practical implementation guide here. ...
Part 1 – Detailed Analysis of CPS 230 and comparison with existing standards
Operational risk has been a headline issue in the superannuation, insurance and banking industries over recent years, so it is no surprise to see APRA sharpening its focus on operational resilience with the release of a new draft prudential standard, CPS 230. In this Insight we provide an overview of CPS 230 and what it will mean for you. ...
End in sight for FFSP transitional arrangements
In exciting news for foreign financial service providers (FFSPs), the Australian Government has announced new proposals to reform the foreign financial services licensing regime following a lengthy period of uncertainty and ongoing transitional arrangements. ...
Allens advises Bain Capital on $959M proposed acquisition of Estia
The signing of the scheme implementation agreement progresses Bain Capital's five-month pursuit of Estia, having made an initial non-binding and indicative proposal in March. 'We are delighted to ...
Allens advises ZIMMERMANN on sale of majority shareholding to Advent International
Under the terms of the acquisition, Advent will acquire a majority shareholding in ZIMMERMANN from Style Capital, who together with the Zimmermann family, will retain a significant minority ...
ASIC spotlight on compliance with client money rules in superannuation
ASIC has recommended all superannuation trustees should review their compliance with s1017E of the Corporations Act after a thematic review found widespread 'deficiencies'. ...
Allens appoints new Managing Associates and Senior Associates
Allens has today announced the appointment of 12 new Managing Associates and 16 new Senior Associates across the firm, effective 1 July 2016. These promotions are significant career milestones and ...
Allens acts on metal prepay arrangements for Lascaux
Allens has acted for Lascaux Resource Capital Fund ( LRC ) on an amendment to its secured metal prepay arrangements with Salt Lake Mining Pty Ltd ( SLM ) in a deal which also involved the sale of ...
The interim report of the Financial System Inquiry
The Financial System Inquiry Interim Report was issued today There are few surprises in the options and comments although there are some significant omissions There does not appear to be any push for a significant shift in policy or in the regulation of the financial system There will be adjustments ...