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Linklaters Insights: UK - At a glance: governance and risk December 2019/January 2020
This latest guide looks at developments at the end of last year and the beginning of 2020. It covers: Brexit and the transition, final-form recommendations for audit and auditor reform, new stewardship obligations for investors, tougher new anti-money laundering rules, FRC guidance for this year's annual reports and Section 172 statements, the extension of the FCA's Senior Manager regime, market abuse, ESG and climate, private equity reporting, transparency of ownership of UK real estate and late payment. ...
Industrial manslaughter laws proposed for Queensland resources sector
If passed, the Mineral and Energy Resources and Other Legislation Amendment Bill 2020 (Qld) (Bill), introduced in the Queensland Parliament on 4 February 2020, will create industrial manslaughter offences in the Queensland resources industry. ...
Major proposed changes to Queensland resources law – the environmental and commercial implications
New legislation will, if passed, introduce a suite of reforms aimed at mitigating the risks of Queensland resources projects not being rehabilitated, which also have major implications for the sales of such projects. The changes' wide-ranging impact includes tighter criteria for tenement applicants and transferees, and introducing an ability for tenement conditions to be adjusted following a change of control of tenement holders. In particular, potential tenement applicants and purchasers should consider initial due diligence on people and entities that may be considered their associates, so they are prepared to defend any decision in relation to potential disqualification. ...
Proposed regulation of offshore clean energy infrastructure – what you need to know
The proposed regulatory framework for offshore wind and other clean energy technologies and associated infrastructure in Commonwealth waters looks to be modelled on the regulation of offshore petroleum, with some key differences. ...
Allens advises Goldwind on divestment of stake in Australia's largest wind farm
The transaction is one of the largest in the renewable energy sector in recent years. Stockyard Hill Wind Farm is located in Victoria's central highlands, approximately 35 km west of Ballarat. Once ...
Allens advises Cigna on new health venture
The joint venture will aim to offer a range of services for the benefit of health fund members in Australia, to deliver better health outcomes and risk management. Each company will contribute $10 ...
Allens advises on Australia's second waste-to-energy facility
Allens advised Acciona Concesiones S.L ( ACCIONA ) on its investment in the project which is part of the consortium of equity investors, including John Laing and Hitachi Zosen INOVA. A separate tea ...
Allens advises bank group on financing for 50% stake in Kalgoorlie Super Pit gold mine
The bank group provided a new $400 million, 4-year term debt facility and renewed an existing revolving facility for three years which increased to $300 million. In addition to the provision of deb ...
Allens receives strong endorsement from clients with Legal 500 rankings
Allens has received a strong endorsement from clients to be named a Tier 1 firm in 15 practice areas in Australia and in the Asia Pacific Legal 500 rankings ...
Treasury's Exposure Draft Bills introduce important and significant changes
On Friday the Government released a large package of Exposure Draft Bills to implement the last of the Financial Services Royal Commission recommendations. There are some important and significant changes and Treasury is consulting widely (although not for very long) and seeking feedback. ...