2311-2320 of 4033 results
Act fast, act well: Federal Court decision reinforces the importance of robust compliance programs for banks and other financial services licensees
Chief Justice Allsop of the Federal Court recently imposed on a bank, by consent of ASIC and the bank, civil penalties totalling $10 million for unconscionable conduct in carrying out an inadequate customer remediation process. It highlights the importance of banks and other financial services licensees having in place robust compliance programs and taking prompt and comprehensive action where possible non-compliance is identified. ...
Allens advises on Investa Commercial Property Fund capital raising
ICPF's portfolio includes 15 office assets, including premium buildings such as Deutsche Bank Place, Sydney; 60 Martin Place, Sydney; and 120 Collins Street, Melbourne. 'We were delighted to work ...
The ALRC recommendations on criminal responsibility and transnational offending – a sign of things to come?
The ALRC Report contains a comprehensive review of federal criminal laws and how they apply to companies. It also indicates that federal criminal law may have a role to play in the regulation of human rights impacts arising in the context of international operations of Australian corporations. ...
Double-duty provisions to receive much needed guidance on what constitutes 'land development'
The Victorian SRO has released a draft revenue ruling in an effort to provide practical guidance as to what types of activities constitute 'land development'. Unfortunately, the Draft Ruling does not overcome the existing uncertainty in some common situations and arguably seeks to expand the types of activities that may be considered 'land development'. ...
Incident Response Map
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. ...
National Electricity and Gas rules update: September 2020
In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of September, as well as take a closer look at the ESB's progress on its Post-2025 Market Design. ...
Allens advises Warrego Energy on joint development alignment and gas sales agreement
Allens has advised Warrego Energy Limited (Warrego) on a binding Heads of Agreement with its venture partner, Strike Energy Limited (Strike), for the joint development of the West Erregulla gas field, and in relation to a long term gas sales agreement (GSA) with Alcoa of Australia Limited. ...
Linklaters: Key finance insights
The pandemic has shone blinding spotlights on existing areas of concern within competition law and accelerated attempts by policy makers to find solutions. ...
Reimagining Australian cities
Cities are always changing, but with 71% of our population now living in major cities,1Â there is an increasing focus on how our cities will emerge from the pandemic and how we can provide the greatest social and economic benefits for all Australians. Hear more from our experts. ...
Use of stub equity in control transactions
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. ...