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Improving the role of the Appointed Actuary
Insight 06 Sep 2016

APRA is seeking to improve the role of the Appointed Actuary in general and life insurance companies and has proposed some reforms in a discussion paper released earlier this year ...

Bigger sticks, smaller budget: ASIC's enforcement in 2015
Insight 25 Feb 2015

In 2014 the Australian Securities and Investments Commission ASIC was chastened by the Senate Economics References Committee which wants ASIC to be more effective but encouraged by the Financial System Inquiry which wants ASIC to take on greater powers Meanwhile the Federal Government has reduced ...

Sensible changes proposed to the Australian taxation of ESS interests
Insight 27 Mar 2015

Sensible changes have been proposed to the taxation of employee share schemes in the new tax legislation before parliament. ...

ASIC Register of Financial Advisers: will it raise quality of advice and standards?
Insight 05 Mar 2015

The Federal Government has announced that ASIC will establish a public register of financial advisers, intended to benefit consumers, who will be able to check that their adviser is appropriately authorised and qualified before receiving personal advice. ...

Confirmation of FATCA Status of Australian Superannuation Funds
Insight 16 May 2014

The Intergovernmental Agreement between Australia and the United States in relation to the implementation of the FATCA regime has been signed. ...

On the international stage: Australia and the EU launch cyber security plans
Insight 16 Oct 2017

In recent weeks, both Australia and the EU have unveiled their plans to address cyber security in an era of growing concern and uncertainty. On 13 September 2017, President of the European Commission, Jean-Claude Juncker, outlined the Union's intentions to intensify their efforts regarding cyber sec ...

Unexpected risks of the IoT revolution: Cyber security in medical devices
Insight 16 Oct 2017

In late August 2017 the US Food and Drug Administration recalled 465000 Abbott Laboratories pacemakers due to cyber security vulnerabilities Although this was the first time that the FDA had recalled a medical device because of cyber concerns they have been alive to the significant risk that a cyber ...

Allens advises DuPont on ACCC clearance
News 19 Jun 2017

Allens has secured ACCC clearance on behalf of E.I. du Pont de Nemours and Company ( DuPont ) for its proposed merger with The Dow Chemical Company ( Dow ). The ACCC decision follows DuPont's joint ...

The end of the PPSA transitional period - what happens now?
Insight 24 Jan 2014

With the end of the transitional period under the personal property securities legislation fast approaching those entities that rely upon having interests in property held by others must act now to ensure those interests are properly registered even where they are transitional so there is no loss of ...

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