1131-1140 of 4386 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. ...
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 ...
The walking dread - fostering cyber awareness in the age of killer viruses
If the last decade of zombie movies and TV shows has taught us anything and it has its a check every bathroom stall before sitting down and b it only takes one idiot to leave a door open for a world of hurt to rush in Cybercrime is one of the top three threats in the world aside from natural ...
Audio: D'Arcy v Myriad: The High Court rules on gene patenting
Allens Partner Dr Trevor Davies discusses why the High Court overturned the decision and what it means for the biotech industry ...
Allens advises Reventus Power on offshore wind feasibility licence win
The licence will allow the consortium to assess the feasibility of its proposed offshore wind project before applying for a commercial licence to proceed with construction and operations. Gippsland ...
Understanding 'adequate procedures' – a key element in Australia's foreign bribery law reforms
In the wake of the new 'failure to prevent' offence, the Commonwealth Attorney-General is required to publish guidance on the steps that can be taken to prevent an associate from bribing foreign publi ...
How to prepare for, and execute, a successful exit
After a relatively subdued 2023, we are predicting that the rest of 2024 will prove to be the year of the exit, with improving macroeconomic conditions providing the ideal environment for the exit of a number of high-quality assets. ...
Policymakers focus on restraint of trade clauses – 'coercive, exploitative and an unfair method of competition'
The Federal Treasury recently published an Issues Paper seeking views to inform its consideration of a potential prohibition on post-termination worker restraints of trade, no-poach and wage fixing agreements, as part of a broader review of Australian competition laws announced last year. ...
The new draft Taskforce for Nature-Related Financial Disclosure framework: is biodiversity next in corporate ESG reporting?
The TNFD recently released the first beta version of its reporting framework. Modelled on the Taskforce for Climate-Related Financial Disclosures, the framework seeks to establish a method for companies to identify, assess and report on material nature-related risks and opportunities. ...
Reforms to strengthen and streamline the FIRB regime
On 1 May 2024, the Australian Treasurer announced reforms to the Foreign Investment Review Board (FIRB) framework, to make it stronger, more streamlined and more transparent. On the same day, the Government released an updated Foreign Investment Policy document, setting out the reforms. ...