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Allens advises on Puma Energy divestment
News 23 Jul 2020

The divestment follows a strategic review of Puma Energy's Australian operations and includes its retail fuel outlets, shops and cafes Australia-wide. 'We were delighted to assist Puma with its sal ...

Allens advises Destination Brisbane on Queen's Wharf Development financing
News 02 Jul 2020

The $3.6 billion Queen's Wharf Development is an integrated resort development designed to transform the Brisbane CBD into a tourism, leisure and entertainment destination. The project was awarded ...

Greenhouse gas reforms under the Offshore Petroleum and Greenhouse Gas Storage Act
Insight 11 Jun 2020

On 28 April 2020, a number of amendments to the OPGGSA and the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (Cth) (Levies Act) came into force. ...

EU Commission publishes AIFMD report – what does this mean for Australian wholesale fund managers?
Insight 10 Jul 2020

The European Commission has finally published its report on AIFMD and, in doing so, considered the impact of AIFMD on AIFMs, AIFs and investors. The report is short, but gives some insight into how the key features of AIFMD have worked and the effect this has had on the market. ...

Opportunities to contribute to Australia's domestic oil storage
Insight 02 Jul 2020

We take a look at the opportunity to contribute to Australia's future domestic oil storage infrastructure pursuant to the Agreement on an International Energy Program, and the key matters to address in an RFI submission. ...

New EU mandatory human rights and environmental due diligence regime
Insight 31 May 2020

The European Commission has announced it will introduce a legislative initiative in 2021 on mandatory human rights and environmental due diligence for certain companies. ...

What courts and regulators expect from corporate compliance
Insight 22 May 2020

The recent decision of ACCC v Bupa Aged Care contains valuable lessons on the importance of compliance programs. They include how quickly improving or implementing such programs can lead to lower penalties; the extent to which regulators and courts favourably view effective compliance programs when assessing penalties, and what features they consider to be essential. ...

PNG's response to COVID-19
Insight 16 Apr 2020

The World Health Organization declared the coronavirus disease 2019, or 'COVID-19', a global pandemic on 11 March 2020. As of 16 April 2020, most countries around the world have reported cases of COVI ...

Retail banking and responsible lending during COVID-19
Insight 31 May 2020

The sudden and unknown nature of COVID-19 has triggered a global economic shock, and disrupted Australia's economy. As we enter a national state of economic 'hibernation', banks and lenders are grappling with a sudden influx of relief requests from consumer and business customers. ...

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