3791-3800 of 4436 results
Updated fee and cost disclosure - transition period extended
ASIC has today announced that superannuation fund trustees and responsible entities will have until 1 October 2017 to comply with the updated fee and cost disclosure rules for PDSs set out in ASIC Regulatory Guide 97 and ASIC Class Order 141252 - but only if they comply with certain conditions ...
A framework for CIPRs or just more work for super trustees?
Treasury released a paper seeking feedback on a framework for Comprehensive Income Products for Retirement. It will permit trustees to offer members on a 'soft default' basis 'mass-customised, composite retirement income products' and, to encourage trustees ...
ASIC announces fintech licensing exemptions
As part of its implementation of the regulatory sandbox for fintech companies ASIC is providing relief for certain fintech businesses from the obligation to hold an Australian financial services or Australian credit licence Relief may be available for up to 12 months and may be useful to businesses ...
Diverted profits tax exposure draft Bill and explanatory memorandum released
Exposure draft legislation and explanatory materials for a diverted profits tax have been released by the Federal Government Targeted at multinational groups transferring profits to offshore associates the measures will give the Commissioner of Taxation a power to issue assessments at a punitive ...
Climate change policy news: more guidance for Australian businesses
Over the past fortnight both the Federal and Victorian Governments have made progress in climate change policy and regulation with the Federal Government announcing its terms of reference for the 2017 climate change policy review and the Victorian Government tabling its new Climate Change Bill 2016 ...
Report: Class action risk 2016
Allens have gathered and analysed data which identifies some interesting trends that run counter to some of the typical commentary surrounding class actions in the media. ...
Impact of reforms to Construction Contracts Act 2004 (WA)
Proposed amendments to the Construction Contracts Act 2004 WA will if passed result in significant changes to the adjudication process in Western Australia Partner Jeremy Quan-Sing Senior Associate Fiona Potter and Law Graduate Thanushar Sridaran report on the potential impacts of the changes ...
Bill to establish Cross River Rail Delivery Authority
The Queensland Government introduced legislation to establish the Cross River Rail Delivery Authority an independent statutory body charged with delivering the Cross River Rail project and the wider economic developments along the projects corridor Partner Nicholas Ng Senior Associate Matt Thomas ...
New Parliament and Government for Mongolia
The new Mongolian Government which won by a landslide in the recent elections has released its reform agenda Partner Igor Bogdanich and Consultant Manduul Altangerel discuss the highlights which will be of particular relevance to foreign investors and include a pledge to create investment-friendly ...
Court determines Native Title compensation for the first time
Yesterday afternoon the Federal Court handed down a decision which for the first time provided judicial consideration of how to calculate native title compensation A decision on this issue has been long awaited ever since the Native Title Act commenced in 1994 Partner Ben Zillmann Senior Associate ...