1451-1460 of 2723 results
No 'leap of faith' as Federal Court rejects ASIC's policy avoidance case
Just as the summer holidays began at the end of 2023, Justice Jackman of the Federal Court handed down judgment in ASIC v Zurich Australia Limited. ...
Closing Loopholes No. 2 Bill passes both houses of Parliament
The second tranche of the Federal Government's Closing Loopholes Bill has passed both Houses of Parliament and is now awaiting Royal Assent. This Insight examines the new provisions and key amendments and offers recommended steps employers should take to ensure they comply with the new laws. ...
Australian Government locks in final details of the Safeguard Mechanism reforms
The Government has released its slate of detailed subordinate legislation that will support the reformed Safeguard Mechanism scheme. This means that the Government has issued the full suite of initial Safeguard Mechanism reforms set to launch on 1 July 2023. ...
'A ticking time bomb': limitations in cyber cover for known vulnerabilities and end-of-life hardware
Insurers heavily scrutinise organisations' ability to prevent, anticipate and withstand cyber-attacks when deciding whether or not to offer cyber insurance. This Insight explains what known vulnerabilities are; the approach commonly adopted by insurers; and what you can do to mitigate the risk. ...
Treasury proposes new anti-avoidance measure for intragroup payments connected with intangibles in low-tax jurisdictions
The Federal Government is proposing to deny the ability of significant global entities to deduct payments relating to intangible assets connected with low corporate tax jurisdictions. ...
Federal Court gets on the front foot to streamline the takeover scheme process
In this Insight, we look at the key changes to the Federal Court process on a scheme application and what it means for target companies. ...
DDO conditional relief: facilitating the reissue of life insurance policies
In a welcome move for life insurers reissuing or reinstating certain life policies, ASIC has registered the ASIC Corporations Instrument 2023/183. In this Insight, we provide a brief overview of the purpose of the Instrument and the relief granted by ASIC. ...
Employment and Safety: one in three experienced sexual harassment at work in the last five years and other developments
The latest issues, decisions and proposed changes impacting business and workplace risk. ...
Mandatory climate-related financial reporting: business implications of the draft legislation
On 12 January 2024, the Federal Government released the exposure draft of the Treasury Laws Amendment Bill: Climate-related financial disclosure. In this Insight, we explain key elements of the Draft Legislation, including areas of uncertainty that have been raised in submissions to government. ...
Allens advises CapVest portfolio company Datasite on proposed acquisition of Ansarada Group
Datasite has entered into a scheme implementation deed for the acquisition of 100% of Ansarada Group for $2.50 cash per share by way of a scheme of arrangement, implying an equity value of $236.3 ...