301-310 of 526 results
Allens advises NAIF on Thunderbird Mineral Sands Project
NAIF will support Kimberly Mineral Sands (KMS) – a joint venture between Sheffield Resources and Yansteel – to develop the first significant heavy mineral sand deposit to be discovered in the Canni ...
A success for successor fund transfers – court finds that secret commission offence provisions do not apply
A recent decision in the Queensland Supreme Court should provide confidence to superannuation funds seeking to engage in successor fund transfers (SFTs) that they will not need to obtain the prior assent of the court or members before proceeding with the transaction, at least where Queensland and Victorian laws apply. ...
Financing the Australian offshore wind industry
Development of an offshore wind industry in Australia will be, in part, dependent upon access to commercial and institutional debt markets. In this Insight, our renewable energy projects and finance specialists explore some of the bankability issues that will be relevant to sponsors and lenders considering financing offshore wind projects in Australian waters. ...
The first major overhaul of Australia's corporate insolvency regime in more than 30 years
On 28 September 2022, the Federal Government's Parliamentary Joint Committee on Corporations and Financial Services (Committee) announced an inquiry into corporate insolvency in Australia (Inquiry). The Inquiry is the first major review of Australia's corporate insolvency regime in more than 30 years. ...
Further updates to cessation of remaining LIBOR settings
On 29 September 2022, the UK LIBOR regulator, the FCA, announced it will no longer require publication of one-month and six-month GBP LIBOR beyond 31 March 2023. ...
Lessons from Daewoo v INPEX: calls on bank guarantees
Last week the NSW Supreme Court published an important decision concerning a principal's ability to call on a bank guarantee in circumstances where a contractor is facing financial troubles and/or potential insolvency in Daewoo v INPEX [2022] NSWSC 1125. ...
Recent industry guidance for fund managers on climate risk disclosure
Fund managers should take note of recent guidance published by the Financial Services Council, which provides a set of baseline expectations for the investment management industry's approach to making net zero targets, ESG product labelling and other climate risk disclosure considerations. ...
2022 PE Horizons update: caution and opportunity
Geo-political tensions, high inflation and rising interest rates have created significant market volatility. This inevitably breeds caution amongst sponsors, but also creates opportunity. ...
Major changes proposed to financial advice regime
Treasury has released a further consultation paper as part of the Quality of Advice Review, seeking feedback on interim proposals for changes to the regulatory regime governing financial advice. ...
ASIC's Corporate Plan shaped by emerging environmental, economic and technology trends
ASIC has released its four-year plan, which outlines its key areas of focus. Of these four priorities, three are new: Design and distribution obligations; Retirement decision making; Sustainable finance; and Technology risks. ...