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Approved product lists and FoFA adviser duties
Insight 07 Aug 2017

The FoFA duties that apply to personal advice given to retail clients have been operating for over four years now. ASIC has enjoyed some recent success in the courts in cases brought on the basis of those duties. ...

Hayne report – first impressions
Issues 11 Feb 2019

Commissioner Hayne's recommendations may initially seem somewhat modest – they do not undo vertical integration, impose limits on executive remuneration or ban bonuses and they do not recommend that directors prefer the interests of their customers. But, while it is true that the recommendations are not radical, there is much in the report that will mean some real changes for financial services companies, their Boards and their executives, as well as for their regulators and advisers. ...

Round 1: Experiences with consumer lending practices
Issues 10 Feb 2019

In the Final Report, the Commissioner has found that, for the most part, whilst the legislative tools necessary to protect borrowers are already available, there have been significant shortcomings in their application and enforcement. ...

Detailed analysis
Issues 11 Feb 2019

In the Final Report, the Commissioner has found that, for the most part, whilst the legislative tools necessary to protect borrowers are already available, there have been significant shortcomings in ...

Allens rides new wave of investment for energy developer
News 28 Mar 2014

Allens, in conjunction with Bellanhouse Legal, has acted for Australian wave energy technology developer Carnegie Wave Energy Limited in the company's signing of a $20 million loan facility with th ...

Allens on board for Sydney Trains outdoor advertising deals
News 09 Jan 2014

Allens has advised Sydney Trains on a series of deals, worth $100 million over five years, to grant the rights to sell and install advertisements throughout train stations and on train carriages ...

Allens acts on string of bond deals for infrastructure companies
News 15 Apr 2014

Allens has acted on the latest example of a single asset infrastructure company entering the domestic debt capital markets. Perth Airport Pty Ltd, a subsidiary of Perth Airport Development Group ...

Allens advises lenders on $22 billion debt financing
News 03 Apr 2014

Allens has acted for a syndicate of 20 lenders that is providing the $22 billion needed for shopping centre group Westfield Group to complete its restructure and merge its Australian and New Zealan ...

Allens advises Vocus on acquisition of Nextgen Networks and submarine cables
News 01 Jul 2016

Allens has advised Vocus Communications Limited on its $807 million acquisition of Nextgen Networks and two development projects, North West Cable System ( NWCS ) and Australia Singapore Cable ( AS ...

Allens advises on Beryl Solar Farm financing and development
News 21 May 2018

Allens has advised First Solar on the financing of its 87 megawatt Beryl Solar Farm development. Allens also advised First Solar on the engineering, procurement and construction; operations and ...

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