271-280 of 464 results
Continuous disclosure during COVID-19: shining the spotlight on earnings and debt
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. ...
ASIC finalises new regulatory framework for foreign financial services providers
The Australian Securities and Investments Commission has unveiled the much-anticipated new regulatory framework for foreign financial services providers that supply financial services to wholesale clients in Australia. foreign financial services providers ...
Round 6: Insurance
The sixth round of public hearings considered issues associated with the sale and design of life insurance and general insurance products, the handling of claims under life insurance and general insurance policies, and the administration of life insurance by superannuation trustees. ...
Round 2: Financial Advice
In her summary my colleague, Michelle Levy, said her initial reaction was that the recommendations in the Final Report were modest but, on a second reading, some would set a cat among the pigeons. ...
Round 3: Lending Practices to Small and Medium Enterprises
Throughout the Royal Commission, Commissioner Hayne grappled with the difficulties of striking an appropriate balance between ensuring that small and medium enterprises (SMEs) have access to credit, and imposing standards on the provision of that credit to protect SME borrowers and third-party guara ...
Thin cap: debt deduction creation regime
In this insight, we analyse the new debt deduction creation regime and discuss its potential implications. ...
First NSW REZ access auction – a guide to LTESAs and access rights
The competitive tenders for long-term energy service agreements (LTESAs) are underway, forming part of the delivery of the NSW Energy Infrastructure Roadmap by the State Government. This Insight gives a high-level overview of the key terms of LTESAs and the REZ access rights agreements. ...
Significant changes to regulation of US private funds: what Australian sponsors and investors need to know
The US Securities and Exchange Commission (SEC) has adopted new Rules to regulate the private fund industry under the US Investment Advisers Act of 1940. The new Rules are designed to increase transparency and provide additional investor protections. ...
Allens advises RBA on Central Bank Digital Currency pilot
The use of the pilot CBDC was tested by approved market participants in a diverse set of use cases, with the goal to understand potential business models, use cases and economic benefits, as well a ...
Allens advises Charter Hall on $1.25bn debt capital raise
The strategically important deal sees Charter Hall borrow from 21 financial institutions arranged jointly by HSBC and MUFG Bank Ltd, extending CPIF's average debt maturity while building its profil ...