1261-1270 of 2722 results
Design and distribution obligations for investment products – ASIC's latest expectations
ASIC has released Report 762 (the Report) following its recent review into how investment product issuers are complying with the Design and Distribution Obligations (DDO) regime. The report summarises ASIC's findings and highlights areas for improvement. ...
Common FIRB issues for private equity firms
Australia's foreign investment approval regime is complex. The tests governing whether a transaction requires foreign investment approval—commonly known as Foreign Investment Review Board (FIRB) approval—are complex and layered. ...
Updated draft regulation on cross-border lending into Vietnam—a more lenient approach
The State Bank of Vietnam (SBV) has been working on regulations to replace the current circular No. 12/2014/TT-NHNN on conditions for non-government guaranteed cross-border foreign loans (the Current ...
Allens invests in digital skills with new learning program
The Future Fluent Passport learning program is being rolled out to everyone across Allens to equip them with the skills and confidence to effectively apply emerging technologies, including AI. The ...
Allens advises on project financing of Goorambat East Solar Farm
The Goorambat East Solar Farm will have more than 500,000 solar photovoltaic panels and is expected to deliver a capacity of 250 MW upon completion in 2026. The project will also generate significa ...
WA Court of Appeal determines meaning of 'feasibility study' in the context of a joint venture agreement
In the recent decision of Pilbara Iron Ore Pty Ltd v Ammon [2020] WASCA 92, the WA Court of Appeal considered a farm-in agreement where one party had to pay for a 'feasibility study' in order to acquire an interest in a mining tenement. The primary question for the Court of Appeal was whether the feasibility study had to be 'bankable' or if it could be of a lower standard. ...
A decade of State Agreements in Western Australia: trends and predictions
State Agreements have been described in Parliament as 'the cornerstone of [Western Australia's] resources sector, particularly the large sector'. Members of the WA Government in the past have asserted that Western Australia would not have projects like the extensive iron ore operations in the Pilbara, North West Shelf, Gorgon, Wheatstone and the DBNGP without State Agreements. ...
Advanced National Services Pty Ltd v Daintree Contractors Pty Ltd [2019] NSWCA 270
This case affirms the principle that the question of whether personal performance of a contract is required is one of construction of the contract, and that personal performance may be required even in circumstances where performance of the contract requires no specific personal skill. ...
Major changes proposed to WA Domestic Gas Policy
The Parliament of Western Australia’s Economics and Industry Standing Committee of the Legislative Assembly (Committee) tabled the 'Domestic Gas Security in a Changing World: Inquiry into the WA Domestic Gas Policy: Final Report'. We outline some of the key recommendations and their implications. ...
New FIDIC practice note on DAABs
A new practice note on dispute avoidance and adjudication boards (DAABs) was released by the International Federation of Consulting Engineers (FIDIC) late last year. ...