221-230 of 369 results
Part 1 – Detailed Analysis of CPS 230 and comparison with existing standards
Operational risk has been a headline issue in the superannuation, insurance and banking industries over recent years, so it is no surprise to see APRA sharpening its focus on operational resilience with the release of a new draft prudential standard, CPS 230. In this Insight we provide an overview of CPS 230 and what it will mean for you. ...
Allens advises on largest Australian hotel real estate sale
Allens has advised a fund managed by the Mirvac Group and the NRMA on the record $620 million sale of the Travelodge hotel portfolio to fund manager Salter Brothers. ...
Allens advises Morrison & Co and Future Fund consortium on $2.8 billion investment in Telstra's InfraCo Towers
Allens is pleased to be advising Morrison & Co and the consortium led by the Future Fund Board of Guardians and including Commonwealth Superannuation Corporation and Sunsuper Superannuation Fund on the acquisition of a 49% interest in Telstra Corporation's telecommunications network tower business ...
Less than one year before the new foreign financial services providers regime begins
The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...
Allens named Australia's top project finance legal adviser
The firm advised on 11 transactions with a total value of US$10.2 billion during the period, advising: the syndicate of lenders on Squadron Energy's innovative portfolio debt financing package to ...
Fundraising – making the most of convertible notes
A noticeable fundraising trend in the first half of calendar year 2023 has been ASX-listed entities issuing convertible notes to strategic investors – which has caught the ASX's attention. In this Insight, we explain what potential issuers and investors need to know when issuing convertible notes. ...
Understanding the 2023 Queensland Renewable Energy Zone Roadmap
The Queensland Government has now released a draft Renewable Energy Zone Roadmap (REZ Roadmap) for consultation. The REZ Roadmap is open for consultation until 22 September 2023. In this Insight we provide details on the focus questions and explain how to submit your feedback. ...
State Bank of Vietnam tightens control over onshore lending
On 28 June 2023, the State Bank of Vietnam (SBV) issued Circular 06/2023/TT-NHNN (Circular 06) to amend Circular 39/2016/TT-NHNN (Circular 39) on lending activities of credit institutions and foreign bank branches in Vietnam. Circular 06 will take effect from 1 September 2023. ...
Allens tops M&A and private equity mid-year rankings
Allens was ranked first by deal volume in Asia Pacific (ex Japan), first by deal volume in Australia and New Zealand and first by volume in South East Asia, as well as ranking 10th for cross border ...
Key considerations for customer-owned bank mergers
The consolidation of the mutual banking sector in Australia, as evidenced by recent mergers involving four of the country's largest customer-owned banks, is a response to competitive pressures and the need to scale technology, funding and compliance costs. ...