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Allens advises on Australia's largest sustainability-linked loan
News 10 May 2021

The facility is the largest SLL announced in Australia to date, and sees the Fund become the first Australian REIT to apply a SLL framework to all its bank facilities. Under the SLL, sustainability ...

Less than one year before the new foreign financial services providers regime begins
Insight 14 Apr 2021

The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...

Allens advises Investec on sale of $1.1bn loan portfolio
News 30 Mar 2021

The portfolio comprises leveraged finance, corporate and fund finance loans to corporates and funds across business services, entertainment, retail, childcare, healthcare, mining services and ...

Proposed new responsible lending laws pass the House of Representatives
Insight 24 Mar 2021

On Monday 15 March 2021, the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 passed the House of Representatives, and was introduced in the Senate the following day. This followed the release of the Senate Economics Legislation Committee Report on the Bill. ...

'Remediation' as a legal term
Insight 24 Mar 2021

ASIC's recent consultation paper (CP335) on proposed changes to its remediation guidance (RG256) may have created further space between what is legally required of remediations and what ASIC may expect of them. ...

Allens advises ACCIONA on 923MW MacIntyre Wind Farm partnership
News 19 Mar 2021

Allens has advised the energy division of ACCIONA on its agreement with Ark Energy Corporation, a new subsidiary of Korea Zinc Company, in relation to the 923MW MacIntyre Wind Farm development project in Queensland. ...

The end is more nigh: FCA announces official LIBOR cessation dates
Insight 12 Mar 2021

On 5 March the UK LIBOR regulator, the FCA, announced cessation dates for the vast majority of LIBOR settings. As expected, the key date will be end of this year (ie 31 December 2021) for most ...

The role of banking in the infrastructure-led recovery
Insight 09 Mar 2021

Banks have played, and will continue to play, a key role in not only supporting Australian individuals and businesses managing the effects of the pandemic, but also as a key capital provider in the investment of new infrastructure for a post-pandemic world. ...

PE Horizons 2021
Insight 02 Mar 2021

With strategic bidders and foreign government acquirers on the side lines, 2021 may be the busiest ever for PE dealmakers ...

ASIC immunity to whistleblowers
Insight 26 Feb 2021

ASIC's immunity policy provides immunity from the 'market misconduct' provisions (including insider trading, false and misleading conduct and dishonest conduct) to the first person who reports the misconduct to ASIC where multiple persons are involved. ...

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