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Federal Government review into Open Banking
Insight 14 Feb 2018

The Federal Government has released its much anticipated Review into Open Banking in Australia The Review makes 50 sweeping recommendations to implement Open Banking including a new regulatory framework under which the regime would operate in the broader context of a new Consumer Data Right for all ...

Report: Our look ahead to the private equity market in Australia
Insight 22 Feb 2018

As new funds enter the local market flexible debt funding structures become more prevalent and sponsors are forced to deploy capital in more innovative ways we expect the Australian PE market to continue to grow Private Equity Horizons 2018 reviews the PE market and looks at the trends and sectors ...

Superannuation reform - the year ahead in 2018
Insight 20 Feb 2018

2017 was a busy year in superannuation The Allens superannuation team takes stock of the legislative and regulatory reform proposals that have been mooted for 2018 and gazes into the crystal ball to see what might lie ahead this year ...

Parliamentary Committee reports on the life insurance industry
Insight 28 Mar 2018

The Parliamentary Joint Committee on Corporations and Financial Services has published its report on the life insurance industry The report includes a nice summary of previous inquiries reviews reforms and events since 2013 The Committee appears to think that all of these previous efforts have been ...

Three things you need to know about the Greater Sydney Commission's final regional and district plans
Insight 23 Mar 2018

The Greater Sydney Commission released the final version of the Greater Sydney Plan (A Metropolis of Three Cities), as well as the final district plans for each of the five districts of the Greater Sydney Region (Western City, Central City, Eastern City, North and South). ...

Asia Region Funds Passport Bill introduced
Insight 06 Apr 2018

After extensive consultation the Corporations Amendment Asia Region Funds Passport Bill was introduced into Parliament delivering on Australia's commitment as set out in the Asian Region Funds Passports Memorandum ...

ASIC's sanctions and powers to be strengthened
Insight 23 Apr 2018

The Federal Government has announced that it proposes to strengthen ASICs powers and to increase the severity of penalties civil and criminal that can be imposed on individuals and corporations in line with the ASIC Enforcement Review Taskforces recommendations Partner Rachel Nicolson and Senior ...

Comments open for North East Link EES scoping requirements
Insight 31 May 2018

The draft scoping requirements for the proposed North East Link projects Environment Effects Statement have been released and are open for public comment until 12 June 2018 ...

Construction contracts and the new 'ipso facto' insolvency reforms
Insight 01 Jun 2018

New insolvency legislation that is designed to provide greater opportunities to restructure failing businesses both before and during external administration has recently been passed ...

Design and distribution obligations - products caught (or excluded)
Insight 17 Apr 2019

Four and a half years after the FSI recommended a targeted and principles-based design and distribution obligation the Design and Distribution Obligations and Product Intervention Powers Act 2019 the Act has recently received the Royal Asset Although the design and distribution obligations will not ...

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