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Quality of Advice Review final report - a snapshot
Insight 09 Feb 2023

We provide an overview of the recommendations and implications for industry. If fully implemented, the changes would be the most radical overhaul of the financial advice laws since FoFA. ...

Allens advises JANA on transition to full management ownership
News 06 Feb 2023

Under the deal, JANA's management has acquired Insignia's 45 per cent shareholding, having acquired a 55 per cent share of the business from MLC Wealth (subsequently acquired by Insignia Financial) ...

Sovereign wealth funds and capital call facilities – the issues to consider
Insight 23 Jan 2023

We set out the legal principles around state immunity and also outline the rules in Australia regarding immunity from jurisdiction and immunity from enforcement as they relate to Sovereign wealth funds and capital call facilities. ...

Allens advises Goldwind on Moorabool Wind Farm sale
News 23 Dec 2022

Located in Victoria, the Moorabool Wind Farm will comprise up to 104 wind turbines which can produce up to 312MW - enough to power the equivalent of 228,000 average Victorian homes each year. 'We a ...

2022 ISDA Verified Carbon Credit Transactions Definitions go live
Insight 21 Dec 2022

The International Swap and Derivatives Association Inc (ISDA) published the 2022 ISDA Verified Carbon Credits Definitions which provide standard definitions and confirmation templates for spot, forward and option transactions in verified carbon credits (VCCs) under the ISDA Master Agreement. ...

Allens advises on Australia's largest wind farm
News 21 Dec 2022

'We are pleased to have supported Stockyard Hill Wind Farm and its shareholders with the refinancing. The strong support from lenders is testament to the quality of the project,' said Partner Scott ...

Allens achieves top rankings in Chambers Asia Pacific
News 16 Dec 2022

Among the top ranked practices are the firm's Private Equity, Financial Services Regulation and Investment Funds teams. Speaking on the results, co-Head of Private Equity Kounny Rattley said it was ...

Consultation paper on Strategic Plan for the Australian payments system
Insight 16 Dec 2022

Treasury has released a consultation paper on its Strategic Plan for the Australian payments system. The Commonwealth Government is seeking feedback on the proposed contents of the Strategic Plan, with submissions due by 6 February 2023. It is intended that the inaugural Strategic Plan will be released in the first quarter of 2023. ...

Strengthening the regulation of Buy Now Pay Later (BNPL) in Australia
Insight 05 Dec 2022

As expected, increased regulation of the Buy Now Pay Later (BNPL) industry is becoming more likely following Treasury's release of the options paper, Regulating Buy Now, Pay Later in Australia (Options Paper). ...

CDR action initiation is coming – what does it mean and why does it matter?
Insight 30 Nov 2022

On 26 September 2022, the Treasury released draft legislation to enable action initiation under the national Consumer Data Right ( CDR ) regime ( AI Exposure Draft ). One month later, on 30 Novembe ...

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