3261-3270 of 4466 results

New measures on resilience, collateral protection and client money
Insight 22 Dec 2015

The Government yesterday released for consultation draft legislation containing resilience and collateral protection measures Think payment systems netting and derivatives But also think superannuation trustees and life companies investing in centrally-cleared OTC derivatives - and restrictions on ...

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 ...

'Fraud on the market' theory survives challenge in the US
Insight 26 Jun 2014

Perhaps the most important unanswered question in Australian class action law is how causation may be established in the context of a shareholder class action In the United States this issue has been addressed by the fraud on the market theory This week the US Supreme Court rejected a challenge to ...

Government releases FOFA regulations
Insight 30 Jun 2014

The Governments much anticipated FOFA regulations were registered today and provide significant relief for benefits provided to employees and representatives of product issuers who provide general advice They also expressly allow bonuses to be linked to successful product sales providing the bonus ...

Greater flexibility for onshore petroleum tenure holders in Queensland
Insight 03 Jun 2014

Queenslands petroleum legislation was recently amended to provide greater flexibility to onshore petroleum tenure holders for a variety of matters including extensions to work programs and terms of authorities to prospect relinquishment conditions and work programs and greater flexibility in both ...

Introduction of the Emissions Reduction Fund Bill
Insight 23 Jun 2014

The Federal Government has introduced into Parliament legislation for the establishment of its proposed Emissions Reduction Fund which will provide businesses with opportunities to enter into contracts under which the Government pays them for undertaking carbon abatement Partner Grant Anderson and ...

Managed investment trusts - the new regime
Insight 25 Jun 2014

Exposure draft legislation to implement long-awaited changes to the tax regime for managed investment trusts is expected to be issued shortly ahead of the regimes recently announced start date of 1 July 2015 Partner Katrina Parkyn recaps some of its expected key features and likely impacts on the ...

CAMAC is dead. Long live the FSI
Insight 04 Jun 2014

The recent Federal budget included measures to abolish some government bodies by 1 July 2015 One of those is the Corporations and Markets Advisory Committee CAMAC This is a pity for those involved in the funds management industry because it means that CAMAC is no longer accepting submissions in ...

Will ASIC shift its regulatory focus from disclosure to suitability?
Insight 04 Jun 2014

The Financial System Inquiry inevitably the Murray Inquiry is the successor of the Campbell Inquiry 1979-1981 and the Wallis Inquiry 1996-1997 Both the Campbell and Wallis reports considered that investors were best protected through disclosure and market integrity rules Both reports assumed that ...

First steps in Constitutional recognition of Aboriginal and Torres Strait Islander peoples
Insight 25 Jul 2014

The Joint Select Committee on Constitutional Recognition of Aboriginal and Torres Strait Islander Peoples has released its interim report The report indicates that there is likely to be bipartisan support for constitutional amendments giving specific recognition to Aboriginal and Torres Strait ...

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