Telecommunications industry body the Communications Alliance has submitted an updated Copyright Notice Scheme to allow rights holders to better use existing legal avenues to defend their rights The updated Notice Scheme resolves a number of issues that were left open when the first draft of the ...

The Government has announced as part of the Budget that it will introduce a new multinational anti-avoidance law into Part IVA of the Income Tax Assessment Act 1936 The new law will apply to tax benefits obtained on or after 1 January 2016 It is aimed at 30 identified multinationals with Australian ...

Its not often that a section of the SIS Act makes the daily news but section 68A of the SIS Act has done just that following the publication of a report commissioned by Industry Super Australia It is startling how much weight ASIC and APRA are apparently giving to the report as its findings are not ...

If you have been following the debate about bank capital in recent months you could be forgiven for thinking there is only one issue how much capital should banks have to hold on account of their residential property lending activities However the Financial System Inquirys recommendations on bank ...

At the recent G20 meeting in Washington Treasurer Joe Hockey announced the establishment of a working group between Australia and the UK to develop initiatives to address so-called diverted profits involving multinational enterprises What are the implications for multinationals doing business in ...

The Federal Government and Labor opposition yesterday announced that they had reached a long-awaited agreement to lower the Renewable Energy Target from 41000GWh to 33000GWh Partner Grant Anderson and Senior Associate Alex Purtill report ...

On 31 March 2015 the Indonesian central bank Bank Indonesia issued Bank Indonesia Regulation No 173PBI2015 on the Obligation to Use Rupiah in the Territories of Indonesia the Regulation which further implements the provision restricting the use of foreign currency in transactions within Indonesian ...

Various new foreign exchange regulations governing the use of all types of foreign currency accounts including investment accounts of Vietnamese enterprises and their investors have recently come into effect The changes will affect current and potential foreign investors as well as foreign-invested ...

The UKs regulatory authorities have imposed the largest ever fines in Europe for technology failures in the financial services industry following a serious IT incident affecting more than 65 million customers in the UK It should serve as a cautionary tale for Australian financial institutions ...

The Australian Securities and Investments Commission released its report reviewing retail life insurance advice yesterday The report provides insights into ASICs views on the Future of Financial Advice FoFA Partner Michelle Levy and Senior Regulatory Counsel Michael Mathieson report ...