In October 2014 ASIC released its report into retail life insurance advice practices The findings were pretty grim - with poor advice being more common than good or even adequate advice ASIC said that advisers were motivated by the promise of commissions not the interests of their clients Following ...

The first half of 2018 has seen a flurry of public-to-private activity that should continue to keep dealmakers busy for the remainder of the calendar year However the mountain of dry powder competing for limited quality investment opportunities remains an issue that has prompted a diversification in ...

ASIC has released its consultation paper on collective shareholder actions which calls for feedback on a draft update to Regulatory Guide 128 The consultation paper illustrates ASICs current albeit preliminary views on the tension between fostering increased investor engagement on the one hand and ...

We recently hosted some workshops in Sydney and Melbourne to discuss the proposed CIPR framework The outcomes of those workshops were interesting - in some respects surprising - and this article provides a brief report ...

The long-anticipated changes to the rules on foreign investment in Vietnamese credit institutions allowing greater levels of foreign investment particularly in the case of weak banks will soon come into effect Partner Robert Fish and Senior Associate Linh Bui report ...

In this article Allens Senior Energy Resources Counsel David Maloney reviews existing Australian petroleum and mining legislation relating to the regulation of unconventional oil and gas examines some of the recent policy responses in relation to coal seam gas developments in agricultural lands the ...

The Full Court of the Federal Court of Australia recently dismissed the ACCC’s allegations that the Australian Egg Corporation Limited and others had attempted to enter into a cartel arrangement or understanding to reduce the supply, and increase the price, of eggs. ...

In a recent case a leasing company lost 23 million worth of leased equipment because it had registered the lease against the lessee companys ABN rather than its ACN - involving just two extra digits The equipment vested in the lessee company when it went into voluntary administration The court ...

The Governments much anticipated FOFA regulations were registered today and provide significant relief for benefits provided to employees and representatives of product issuers who provide general advice They also expressly allow bonuses to be linked to successful product sales providing the bonus ...

A recent decision of the Fair Work Commission has highlighted the importance of ensuring that the decision to summarily terminate an employee's employment is proportionate to their misconduct. ...