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A global snapshot of data breach class actions
Insight 17 Oct 2018

While we are yet to see a successful data breach class action in Australia, data breach class actions have become all too real for many major companies overseas ...

Blockchain reaction update - ASIC joins chorus on ICO regulation
Insight 03 Oct 2017

While ASIC has published information on the issue of coins or tokens in initial coin offerings other regulators around the world have also been issuing guidance with some taking a much more restrictive approach Although Australia remains a relatively friendly regulatory environment for such ...

New APRA prudential standard raises bar for information security obligations and incident notification requirements
Insight 15 Nov 2018

As companies and regulators across the world grapple with ever-increasing cyber security threats, Australia's financial services regulator, APRA, has released the final form of a new prudential standard, which imposes heigtened security obligations for APRA-regulated entities ...

ASIC releases consultation paper on regulatory sandbox exemption for startups
Insight 09 Jun 2016

ASIC has released a consultation paper on proposals to facilitate innovation in the financial services sector The proposals include details of the long-awaited regulatory sandbox It will be of interest to both emerging companies who may rely on the relief as well as investors in this space Senior ...

The fintech phenomenon - risks and opportunities
Insight 01 Apr 2015

Everyone is talking about fintech What is it And what does it mean for the financial services industry and for regulation ...

The High Court has its say on penalties
Insight 09 Aug 2016

The high court handed down its decision in Paciocco v Australia and New Zealand banking group limited. ...

Allens hosts RegTech Association launch as corporate partner
News 31 Mar 2017

The RegTech Association, a first-of-its-kind industry body designed to promote Australia's growing regulatory technology industry, has launched with Allens as one of its corporate sponsors. Hosted ...

The ramifications of a Facebook rant
Insight 22 May 2014

The Full Court of the Federal Court recently handed down its decisions on an appeal that highlights the dangers of making unsubstantiated social media comments Partner Miriam Stiel and Lawyer Tracy Lu report on a long-running dispute where the court found personal Facebook posts constituted ...

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