Proposed changes giving ASIC powers in relation to financial services industry codes of conduct means that obligations in these codes may become enforceable. This is interesting because the drafting in many of these codes tends to be broad, and, in some cases, goes far beyond the participants' exist ...

2020年3月29日，澳大利亚联邦政府财政部长宣布对澳大利亚的外国投资审查批准（FIRB）体制进行重大修改，以应对由新型冠状病毒（COVID-19）爆发引起的风险。这些修改虽然是暂时的，但大幅度地扩展了需要获得FIRB批准的交易范围，并大大延长了FIRB申请的审查期限。 ...

On 14 April, ASIC published a media release detailing changes to its regulatory framework and priorities in light of COVID-19. This follows an earlier statement by ASIC, which indicated that it would temporarily change its regulatory work and priorities to allow it and regulated entities to focus on the impact of COVID-19. ...

In its latest compliance update, ASX reiterated that entities in financial difficulty (including with respect to their debt arrangements) will receive no special treatment. On earnings guidance, it was acknowledged that many listed entities have taken the opportunity to withdraw guidance issued before the outbreak of COVID-19. ASX also strongly encouraged entities to review their published guidance in light of COVID-19 and to either update it if it was not current or withdraw it in this highly uncertain climate. ...

The Federal Court has ruled that adopting distinctive branding may not be enough to get a trader out of hot water if the get-up of the trader's products is similar to somebody else's. ...

Allens is proud to support marriage equality. Allens has a strong commitment to creating a diverse workforce that is inclusive of the lesbian, gay, bisexual, transgender, intersex and queer ( LGBTI ...

Allens announced the appointment of two respected non-executive directors to its Board, Peter Warne and Jane McAloon. ...

Commissioner Hayne's recommendations may initially seem somewhat modest – they do not undo vertical integration, impose limits on executive remuneration or ban bonuses and they do not recommend that directors prefer the interests of their customers. But, while it is true that the recommendations are not radical, there is much in the report that will mean some real changes for financial services companies, their Boards and their executives, as well as for their regulators and advisers. ...

Richard Spurio has today been announced as the new Chief Executive Partner (CEP) of Allens. Taking over the reins from outgoing CEP Michael Rose, Richard will build on the transformational work ...

In the Final Report, the Commissioner has found that, for the most part, whilst the legislative tools necessary to protect borrowers are already available, there have been significant shortcomings in their application and enforcement. ...