The High Court has reaffirmed the powers of a responsible entity are ultimately derived from the scheme's constitution, but the exercise of those powers is constrained by the statutory and fiduciary duties imposed on the responsible entity. ...

The panel tasked with the root and branch review of competition law and policy has released its draft report Some of the recommendations are far reaching and may have significant ramifications on competition law enforcement in Australia including in relation to misuse of market power Partner Kon ...

The Vietnamese Government has issued a new decree that lays the foundations for the trading of derivatives and for the establishment of the first derivative market in Vietnam This development is expected to diversify securities products in Vietnam and help enhance liquidity on the Vietnam securities ...

The Government has announced as part of the Budget that it will introduce a new multinational anti-avoidance law into Part IVA of the Income Tax Assessment Act 1936 The new law will apply to tax benefits obtained on or after 1 January 2016 It is aimed at 30 identified multinationals with Australian ...

Ecstasy cocaine and industrial action at a construction site are unlikely subjects for an article on financial services regulation They are however the things that have led to what could be a significant change to the way in which financial services regulators like ASIC and APRA can resolve civil ...

In the most significant change since the .au domain was introduced more than 30 years ago, .au Domains Administration (auDA), the industry body for Australian-specific domain names, has approved the registration of .au second-level domain names, known as direct registration. ...

A Senate Committee has approved a Bill to expand the safe harbour regime under the Copyright Act and the Federal Government has closed consultation on the effectiveness of site blocking legislation. ...

The full federal court have ruled in favour of Pfizer against the ACCC alleging that Pfizer used its market power for an anti-competitive purpose (s 46) and engaged in exclusive dealing conduct for the purpose of substantially lessening competition in the atorvastatin market (s 47). ...

Following the recent release of the National Energy Guarantee High Level Design Document Partner Jillian Button xand Lawyer Dale Straughen consider how the proposed emissions reduction requirement of the Guarantee will interact with Australias existing emissions reduction policies This article is ...

ASIC has released its consultation paper on licensing relief for foreign financial services providers proposing a new licensing regime that will be broadly in line with that applied to other AFS licensees, but with relief from some provisions of the Australian Corporations Act and the imposition of ...