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Impact of COVID-19 on derivatives
Insight 27 Mar 2020

COVID-19 will have a range of impacts on over-the-counter derivative transactions. We set out below some key documentation issues arising as a consequence of COVID-19 and our practical tips. ...

PNG proposes a new regime for arbitration
Insight 25 Feb 2020

Papua New Guinea has proposed a new regime for domestic and international arbitrations: the Arbitration Bill 2019. If enacted, it has the potential to provide greater certainty for arbitrations in PNG, and the recognition and enforcement of arbitral awards within PNG. ...

Major proposed changes to Queensland resources law – the environmental and commercial implications
Insight 14 Feb 2020

New legislation will, if passed, introduce a suite of reforms aimed at mitigating the risks of Queensland resources projects not being rehabilitated, which also have major implications for the sales of such projects. The changes' wide-ranging impact includes tighter criteria for tenement applicants and transferees, and introducing an ability for tenement conditions to be adjusted following a change of control of tenement holders. In particular, potential tenement applicants and purchasers should consider initial due diligence on people and entities that may be considered their associates, so they are prepared to defend any decision in relation to potential disqualification. ...

Proposed regulation of offshore clean energy infrastructure – what you need to know
Insight 29 Jan 2020

The proposed regulatory framework for offshore wind and other clean energy technologies and associated infrastructure in Commonwealth waters looks to be modelled on the regulation of offshore petroleum, with some key differences. ...

ASIC's New Document Production Guidelines
Insight 11 Mar 2020

ASIC has released its new Document Production Guidelines, which govern how it expects electronic and hard copy records to be produced in response to compulsory notices. ...

COVID-19: a work health and safety perspective
Insight 01 Apr 2020

The progression of COVID-19 continues at pace and businesses are facing an array of challenges and difficult decisions. While there are a number of issues for businesses to work through at this time, this article touches on the key work health and safety (WHS) duties employers need to be aware of. ...

COVID-19: Fair Work Act changes and JobKeeper scheme
Insight 08 Apr 2020

Businesses that are eligible for the JobKeeper scheme will have more flexibility under the Fair Work Act to make changes to manage the workplace impacts of the COVID-19 pandemic, such as standing down employees or reducing their hours. ...

OAIC releases new privacy guidelines for employers in response to spread of COVID-19
Insight 01 Apr 2020

Employers should collect, use and disclose as little information as is reasonably necessary to prevent and manage the spread of COVID-19 in the workplace. This includes taking the temperature of employees and visitors entering the workplace for the limited purpose of preventing or managing COVID-19 risks in the workplace (provided that as little information as is reasonably necessary should be collected for that purpose). ...

Mortgage broker best interests duty
Insight 23 Feb 2020

This insight exams ASIC's proposals on on the new mortgage broker best interests duty. A new duty has been created for mortgage brokers to act in the best interests of consumers where there is a conflict when providing credit assistance. ...

Toksave - PNG regulatory update: P'nyang Gas Agreement; Whistleblower Bill; Air Niugini/Philippine Airlines codeshare and other developments
Insight 26 Feb 2020

No P'nyang Gas Agreement with ExxonMobil; first of its kind Whistleblower Bill moves ahead; codeshare denied for Air Niugini/Philippine Airlines; and the Proposed Organic Law on the Independent Commission Against Corruption 2019 (ICAC Bill). ...

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