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'Fiendishly difficult' – duty of care to impact more NSW building projects
Insight 02 Jun 2022

The recent Goodwin Street Developments decision provides much-needed guidance on the application of the statutory duty of care owed by builders (and certain building professionals) to property owners under section 37 of the Design and Building Practitioners Act 2020 . ...

Financing the green hydrogen revolution – key bankability issues
Insight 31 May 2022

Developers and financiers will need to take a long-term view on the market and navigate a myriad of bankability issues to secure external bank debt. In this Insight we explore some of these key challenges. ...

More stringent rules on cross-border lending proposed in Vietnam
Insight 27 May 2022

The Draft Circular replacing the current circular No. 12/2014/TT-NHNN on conditions for non-government guaranteed cross-border foreign loans has been released for public consultation on 11 May 2022. It proposes to tighten conditions for taking out these loans, in order to manage Vietnam's overall borrowing exposure and ensure proper use of foreign loans. This Insight explains the potential impacts of the Draft Circular on foreign lenders and domestic borrowers. ...

Allens advises on funding of Australia's first integrated rare earths refinery
News 02 May 2022

The government's funding comprises a $1.05 billion non-recourse loan provided to a subsidiary of Iluka Resources to fund the construction and commissioning of the Eneabba Rare Earths Refinery in ...

Just in time: the full spectrum of amendments to the Security of Critical Infrastructure regime now passed
Insight 22 Apr 2022

The final anticipated amendments to the Security of Critical Infrastructure Act 2018 (Cth) (SOCI Act) have been passed in the nick of time, making their way through the Senate in its last sitting before the 2022 Federal Election. These latest amendments introduce new and enhanced obligations for risk management programs and security respectively, and the concept of ‘systems of national significance’. ...

Allens advises on the project financing of Palau Solar and Battery Project
News 19 Apr 2022

The project is to be located in Babeldaob, the largest island in the Republic of Palau. The project will operate under a long-term offtake arrangement with the Palau Public Utilities Corporation. O ...

Our pre-election wrap of super regulatory reforms for 2022
Insight 18 Apr 2022

Coming off a busy 18 months or so – with the number of reforms too long to count on all fingers and toes – superannuation trustees could be forgiven for wanting to take an extended holiday from regulatory change. But with Parliament prorogued ahead of the election, now is a chance for trustees to take stock of the regulatory reforms slated for 2022. In this Insight, we provide a snapshot of the key reforms. ...

Allens helps Blackmores embed ESG with new sustainability-linked loans
News 11 Apr 2022

Under the new sustainability-linked loan platform, Blackmores will be incentivised to achieve ambitious emissions reductions targets (including scope one, scope two and measured scope three ...

Regulating crypto: Government releases consultation paper on proposed licensing and custody requirements
Insight 24 Mar 2022

The Federal Government is seeking feedback on a proposed new licensing regime for crypto asset secondary service providers (CASSPrs) and new requirements regulating custody of crypto assets. The new regime would potentially sit alongside the existing AFS licensing regime, with possible overlap and inconsistency in treatment of service providers. The Government is also seeking early views on how crypto assets should be defined and categorised as part of a 'crypto mapping' exercise. The consultation period runs until 27 May 2022. ...

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