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Successor Fund Transfers - all aboard!
APRA yesterday released a draft guide on transferring a member's benefit from one superannuation fund to another without their consent. The interpretation adopted provides minimal protection to superannuation fund members. ...
Financial Services Class Actions
Our class actions team recently published our Class Action Risk 2016 report The objective of the report is to look behind the headlines and hype that often surrounds class actions to provide a more holistic and objective assessment of class action risk for our clients This is particularly important ...
Improving the role of the Appointed Actuary
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 ...
Landmark Productivity Commission report on data availability and use
The Productivity Commission has released a landmark draft report on the ability of individuals businesses and government to access and use data in Australia The report criticises Australias historically conservative approach to data use and proposes a fundamental and systematic change to the way ...
ASIC clarifies stance on forward-looking statements by mining and resources companies
ASIC has revised its Information Sheet 214 on forward-looking statements by mining companies following industry feedback While continuing to emphasise that these statements must be based on reasonable grounds ASIC has clarified that forward-looking statements based on estimates of mineralisation can ...
Queensland security of payment regime: more change on the horizon
The Queensland Government recently released a Queensland Building Plan discussion paper for public consideration that coincided with the enactment of the Federal Governments Building and Construction Industry Improving Productivity Bill 2013 Both developments have the potential to affect the ...
Report: Wrap-Up of Sydney Arbitration Week 2016
The Allens Arbitration group reports on some highlights from Sydney Arbitration Week which examines the biggest challenges facing the future of international arbitration ...
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 ...
Disclosing privileged documents to regulators
The case of Cantor v Audi provides insights into what you should consider before providing privileged documents to a regulator. ...
Vietnam seeks to accelerate SOE privatisation process
The privatisation of State-owned companies SOEs known as equitisation in Vietnam continues to be high on the Vietnamese Governments agenda as it continues to move towards a more market-driven economy and seeks to raise much needed capital to address the State budget deficit However to date progress ...