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Incident Response Map
Insight 30 Sep 2020

This Incidence Response Map provides high-level guidance on responding to an 'incident', such as possible foreign bribery, serious fraud and other breaches of laws that can have significant financial, reputational and commercial implications. ...

Summary of proposed reforms to FIRB regime – Tranche 2 Regulations
Insight 28 Sep 2020

On 18 September 2020 the Federal Government released exposure drafts of the 'Tranche 2 Regulations' to amend Australia's foreign investment laws. This follows the release on 31 July 2020 of the 'Tranc ...

Nucleus – corporate law developments: Second tranche of draft FIRB reforms; ASIC Corporate Plan for 2020-24; High Court clarifies personal/carer's leave entitlements; and other corporate law developments
Insight 25 Sep 2020

Second tranche of draft FIRB reforms released; ASIC releases Corporate Plan for 2020-24; ASIC grants relief for escrow and non-promotional communications for IPOs and updates RG5 and RG254; High Court sides with employers and clarifies personal/carer's leave entitlements; ACCC releases ninth interim gas inquiry report; extension of temporary COVID-19 continuous disclosure and insolvency relief measures; ALRC reports on Australia's corporate criminal responsibility regime. ...

Insolvency reforms to support small business
Insight 24 Sep 2020

The Commonwealth government announced a package of reforms directed at streamlining insolvency processes for small business. Our analysis on the issue from our insolvency and restructuring experts. ...

Franchisors – take notice!
Insight 22 Sep 2020

The Federal Court has recently confirmed the ability of the Fair Work Ombudsman to require employers to hand over documents created before vulnerable worker legislation came into force. ...

Standing down employees during COVID-19?
Insight 22 Sep 2020

Recent decisions of the Fair Work Commission (FWC) provide valuable insights for employers considering standing down their employees to ensure the ongoing viability of their business during COVID-19. This Insight considers cases arising out of decisions by employers to reduce their employees' working hours to zero. ...

Use of stub equity in control transactions
Insight 01 Oct 2020

ASIC has released its response to the submissions on its June 2019 Consultation Paper on certain aspects of the use of stub equity in control transactions, and the news is mostly positive. ...

Superannuation trustees and 'efficiently, honestly and fairly'
Insight 23 Sep 2020

The Federal Court has made declarations that two superannuation fund trustees contravened ss912A(1)(a) (efficient, honest and fair obligation) and 1041H (misleading or deceptive conduct) of the Corporations Act, and s12DA (misleading or deceptive conduct) of the ASIC Act. ...

Further changes to the JobKeeper scheme
Insight 22 Sep 2020

The temporary amendments that were introduced to the Fair Work Act 2009 (Cth) (Act) in relation to JobKeeper enabling directions will be extended until 28 March 2021, by a bill proposed by the Federal Government that has now been passed by Parliament. ...

'Winding back' responsible lending obligations
Insight 29 Sep 2020

The Government announced a simplification to Australia's consumer credit regulatory regime, which has been widely reported as a 'wind back' or 'axing' of the responsible lending obligations (RLOs) under the National Consumer Credit Protection Act 2009 (Cth) (Credit Act). Learn more from our experts. ...

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