1621-1630 of 2672 results
Federal Court finds cyber risk management is a critical obligation for financial services firms
The Federal Court handed down its judgment in proceedings brought by ASIC against RI Advice on 5 May 20221. It found that, as result of its failure to manage cyber security risks and cyber resilience, RI Advice breached its obligations to do all things necessary to ensure that the financial services covered by the licence were provided efficiently and fairly, and to have adequate risk management systems in place. ...
ACCC delivers bitter pill on patent settlement
The ACCC proposes to deny authorisation for a patent litigation settlement between Celgene and two generic drug companies. The decision demonstrates a hardening of the ACCC’s views against patent settlements that seek to place restrictions on market participants. ...
'Oh why' did you copy me? 'Oh I' did no such thing - the UK High Court rules in favour of Ed Sheeran in copyright dispute
The UK High Court has ruled in favour of Ed Sheeran in a copyright dispute concerning his hit song 'Shape of You'. The court held that Ed Sheeran had not, deliberately or subconsciously, copied the hook of an earlier song, 'Oh Why'. We consider this fascinating decision in more detail below. ...
Everything you need to know about cyber risks, resilience and responsibilities
Organisations today are both blessed and cursed with extraordinary amounts of data. The responsibility for information security and data governance starts and ends with the board and senior management. We offer a handbook to help navigate duties and liabilities and a checklist of questions directors should be asking. ...
The next frontier: challenges and developments in the transport of hydrogen in bulk
Hydrogen export presents a significant opportunity for Australia. However, there are challenges associated with bulk hydrogen transport that need to be overcome before the industry can take off. This Insight provides an update on some recent developments in transporting hydrogen by sea, and the work being done on the rules around road transport of hydrogen in bulk. ...
Toksave - PNG regulatory update: Strata Title law passed by PNG Parliament and other developments
Strata Title law passed by PNG parliament; Moratorium has been placed on all Voluntary Carbon Market Projects in PNG; ICCC commences review of Electricity Regulatory Contract; Dates have been set for the National General Elections; Electronic Transactions Act passed and certified. ...
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. ...
Should the Takeovers Panel have jurisdiction over schemes?
On Friday, the government released its long awaited consultation paper on a proposal to transfer jurisdiction over schemes which effect a control transaction to the Takeovers Panel. This proposal was originally foreshadowed in last year's budget, and the government is seeking feedback on the proposal by 3 June 2022. ...
New .au direct domain names available for registration from 24 March 2022
Further to our last update, new .au direct domain names (eg 'allens.au' instead of 'allens.com.au') have officially launched today. Eligible applicants will have a six month window to apply for priority status to register a .au direct domain name that matches their existing .au domain name. ...
Changes to and consolidation of SEPPs – a S(t)EPP in the right direction or a missed opportunity?
In this Insight, we examine recent changes to state environmental planning policies (SEPPs), and ask whether they achieve the stated objectives. ...