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Senate inquiry on foreign bribery - corporate culture to take centre stage
Insight 25 Jun 2015

The Senate has this week referred a broad-ranging inquiry into foreign bribery to the Senate Economic References Committee The terms of the reference provide for a substantial review of Australias foreign bribery laws and enforcement regime with a particular focus on corporate culture issues and ...

Stage 2 of NSW Integrated Mining Policy released
Insight 27 Aug 2015

The New South Wales Government has released a number of further guidelines for state-significant mining projects focusing on post-approval requirements as part of the second stage of public consultation on the new Integrated Mining Policy Partner Bill McCredie Senior Associate Naomi Bergman and ...

High Court unanimously finds isolated genetic material not patentable
Insight 08 Oct 2015

In the culmination of a hard-fought patent dispute the High Court of Australia has unanimously ruled that Myriad Genetics patent claims to isolated nucleic acid coding for the mutant or polymorphic BRCA1 polypeptide are not valid ...

Environment Minister appoints Wind Farm Committee and Commissioner
Insight 19 Oct 2015

Federal Environment Minister Greg Hunt has appointed Andrew Dyer as Australias first National Wind Farm Commissioner and has announced the membership of the Independent Scientific Committee on Wind Turbines The Commissioner and the Committee will report separately to the Australian Parliament on ...

Regulating bonuses: will Australia be next?
Insight 05 Aug 2015

The UKs Financial Conduct Authority and Prudential Regulation Authority released rules in June this year to further tighten what are already fairly onerous restrictions on the payment of bonuses to staff in banks building societies and certain big investment firms The worlds financial regulators ...

ASIC tweaks employee incentive scheme relief
Insight 12 Nov 2015

Various amendments to ASICs employee incentive scheme class order relief have now come into effect Described by ASIC as minor and machinery in nature the clarifications and improvements were prompted in part by market feedback Partner Greg Bosmans looks at the changes ...

Draft rules published for mandatory central clearing of derivatives and single-sided reporting
Insight 03 Jul 2015

ASIC has published draft rules for mandatory central clearing of certain derivatives while Treasury has published draft regulations that would permit single-sided reporting of Over-the-Counter Derivatives in some situations Partner Tom Highnam and Lawyer David Lewis discuss the implications of these ...

Federal Government amends section 46
Insight 16 Mar 2016

The Federal Government today announced it will amend section 46 which prohibits the misuse of market power In doing so the Government will adopt the recommendation of the Harper Review ...

New environmental responsibilities for corporates, officers, financiers and others in Queensland
Insight 16 Mar 2016

The Queensland Government proposes new powers to compel related bodies corporate executive officers financiers and shareholders and a select category of related persons to satisfy the environmental obligations of companies operating in Queensland The Chain of Responsibility concept has been proposed ...

Contractors face uphill battle restraining security calls
Insight 07 Mar 2016

The Supreme Court of Western Australia has dismissed a subcontractors application for an interlocutory injunction restraining a call on a bank guarantee Partners Nick Rudge and Jeremy Quan-Sing and Lawyer Evan Lacey discuss the decision and its implications ...

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