21-30 of 104 results
Take Two: anti-bribery reforms revived and long-awaited draft regulatory guidance released
The Australian Government has tabled the Crimes Amendment (Combatting Corporate Crime) Bill 2019 (the 2019 Bill) in the Senate, and the Attorney-General's Department has released Draft Guidance on the steps a body corporate can take to prevent an associate from bribing foreign public officials for public consultation (the Draft Guidance). Like the 2017 version of the Bill that lapsed earlier this year (the 2017 Bill), if passed, the 2019 Bill will strengthen Australia's foreign bribery laws, including by introducing a new corporate offence of failure to prevent bribery by an associate, and will introduce a Deferred Prosecution Agreement (DPA) scheme for resolving serious corporate criminal matters. Partner Rachel Nicolson, Senior Associate Andrew Wilcock and Associate Lewis Winter report on the key differences between the 2017 and 2019 Bills, and the content of the Draft Guidance. ...
The WTO decision against Australia – what the law on paper might mean in practice
At a time when global powers continue to test international trade rules, a World Trade Organization decision involving Australian tariffs on Indonesian A4 copy paper highlights some of the key legal issues that caused tension between international trading partners in 2019. ...
Major new corporate and financial sector penalties - what they mean for you
New legislation that greatly increases penalties for corporate and financial sector misconduct will have wide-ranging and significant effects Partner Alex Mason Managing Associate Chris Kerrigan and Associate Rachele Troup report ...
Linklaters Insights: A cross-border guide to starting a business
Our global alliance partner Linklaters has compiled a guide for foreign investors who are looking to start a business in selected jurisdictions ...
Anti-corruption reforms: a view from the B20 Australia
Anti-corruption was high on the agenda at the B20 Australia summit recently held in Sydney Allens Partner Rachel Nicolson a director of the UN Global Compact Network Australia and convenor of its Anti-Corruption Leadership Group attended the summit and provides an overview of the issues discussed ...
Amending Mongolia's Minerals Law
The Mongolian Parliament has passed amendments to the countrys Minerals Law which should be of interest to foreign investors and mining companies Partners Igor Bogdanich and Kate Axup and Senior Associate Steven Local look at what certain of the amendments may mean for Mongolias mining sector ...
The Japan-Australia Economic Partnership Agreement
Australia and japan have enetered into an economic partnership agreement to reducel tariff barriers on the majority of Australian exports to Japan. In contrast to the recently concluded Korea-Australia Free Trade Agreement, it does not include an investor-state dispute settlement mechanism. ...
Recent anti-corruption developments in Papua New Guinea
The Papua New Guinean Government has continued to take significant steps in progressing its anti-corruption agenda in the first quarter of 2014 Partner Allan Mana Senior Associates Sarah Kuman and Michael Gomm and Lawyer Anthony Graham report on recent developments in Papua New Guinea and their ...
United States implements novel sanctions regime to combat cyber threats
President Barack Obama has issued an Executive Order enabling the US Department of Treasury to implement targeted sanctions against foreign individuals or entities whose cyber-enabled activities result in significant threats to the national security foreign policy economic health or financial ...
Australia has lifted certain sanctions on Iran
In response to recent confirmation that Iran has met its international nuclear commitments the Australian Government has lifted all nuclear-related economic and financial sanctions against that country ...