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Government introduces the Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020
Insight 22 Dec 2020

The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to implement the Hayne Royal Commission recommendations in relation to changes to ongoing advice fee arrangements, superannuation trustees passing on advice fees and requiring AFSL holders or authorised representatives (providing entity) to disclose a lack of independence when providing personal advice to retail clients. ...

Financial advice - vertically integrated institutions and conflicts of interest
Insight 25 Jan 2018

ASIC has released its report on financial advice provided by vertically integrated institutions which is likely to be read with great interest by Commissioner Hayne and his team Senior Regulatory Counsel Michael Mathieson and Partner Michelle Levy report ...

Allens advises Reventus Power on offshore wind feasibility licence win
News 08 May 2024

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
Insight 07 May 2024

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
Insight 06 May 2024

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'
Insight 03 May 2024

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. ...

Reforms to strengthen and streamline the FIRB regime
Insight 01 May 2024

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. ...

What's happening in intellectual property - April 2024
Insight 29 Apr 2024

Your regular wrap-up of some of the world's leading and intriguing IP stories. ...

Changes to Australia's IP laws are on the way
Insight 22 Feb 2018

IP Australia has released draft legislation implementing the Federal Government's response to the Productivity Commission's inquiry into IP arrangements. ...

Fool's gold – how packaging can be misleading or deceptive
Insight 23 Aug 2018

The Federal Court has ruled that adopting distinctive branding may not be enough to get a trader out of hot water if the get-up of the trader's products is similar to somebody else's. ...

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