1131-1140 of 4376 results
Regulating crypto: Government releases consultation paper on proposed licensing and custody requirements
The Federal Government is seeking feedback on a proposed new licensing regime for crypto asset secondary service providers (CASSPrs) and new requirements regulating custody of crypto assets. The new regime would potentially sit alongside the existing AFS licensing regime, with possible overlap and inconsistency in treatment of service providers. The Government is also seeking early views on how crypto assets should be defined and categorised as part of a 'crypto mapping' exercise. The consultation period runs until 27 May 2022. ...
Allens advises MOECO on Vietnam's largest gas to power project
'We are delighted to have advised MOECO on this landmark investment, which will play a key role in Vietnam's national power landscape in the coming years,' said lead Partner Ngoc Anh Tran . Allens ...
Allens advises Penten on investment from Five V Capital
Five V Capital, an Australian private equity firm, will invest $50 million into the tech business, taking a significant minority interest. Penten is expected to use part of the proceeds to support ...
ASIC's new work schedule and priorities in light of the COVID-19 crisis
On 14 April, ASIC published a media release detailing changes to its regulatory framework and priorities in light of COVID-19. This follows an earlier statement by ASIC, which indicated that it would temporarily change its regulatory work and priorities to allow it and regulated entities to focus on the impact of COVID-19. ...
Spotlight: Cyber breach at Yahoo
2016 was the Year of the Data Breach for Yahoo, as it announced three separate and significant data breaches. Although the consequences of these breaches are still unfolding, the financial cost to Yahoo is already significant – in 2017, Verizon slashed the price of its deal to buy Yahoo by US$350 mi ...
Increasing private investment in the urban water sector
Water Services Association of Australia and Infrastructure Partnerships Australia the peak bodies for water utilities and infrastructure respectively have released a joint report that calls for major reform in the provision of urban water services across Australia The report suggests that there is a ...
Governance of energy market fundamentally sound, but with potential for improvement
The final report of the Review of Governance Arrangements for Australian Energy Markets has made a number of recommendations to improve the effectiveness and efficiency of each governing body in the Australian energy market while concluding that the governance arrangements are fundamentally sound ...
Shareholder activism on the rise as Allens defends Antares against US hedge fund
Australian companies need to be prepared for the possibility of an approach by shareholder activists, according to the lead partner acting for Antares Energy Limited in a bid by a US hedge fund to ...
Allens acts on Newcrest Mining block trade
Allens has acted for Newcrest Mining Limited on the company's selldown of its stake in Evolution Mining Limited. The selldown – known as a block trade – will see Newcrest retain a 14.9 per cent sha ...
Confirmation of FATCA Status of Australian Superannuation Funds
The Intergovernmental Agreement between Australia and the United States in relation to the implementation of the FATCA regime has been signed. ...