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Allens advises Westbourne Capital on wind and battery power financing
News 14 Dec 2018

Allens has advised Westbourne Capital to achieve financial close in relation to the construction and development of the Lincoln Gap Wind Farm near Port Augusta, South Australia. The firm assisted ...

Allens advises The GEO Group Australia on Junee Correctional Centre deal
News 13 Dec 2018

Allens has advised The GEO Group Australia on the implementation arrangements following the State exercising an option to extend the operating agreement for the Junee Correctional Centre in New Sou ...

Private equity under the spotlight - ASIC cracks down on offers of stub-equity in proprietary companies
Insight 20 Dec 2018

ASIC is clamping down on the use of an offer of stub-equity in a proprietary company as an alternative form of consideration in public control transactions. ...

ASIC extends transition period for fees and costs disclosures, and delays consultation paper to January 2019
Insight 14 Dec 2018

ASIC has extended the transition periods for certain fees and costs disclosure obligations applicable to superannuation funds and managed investment schemes by a further year pending the release of its consultation paper on the regime ...

What's ahead for home loans in 2019
Insight 20 Dec 2018

Allens has written over the course of this year, the Royal Commission will bring and in fact already has brought monumental changes both in how banks are regulated and to the actual laws that apply ...

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 ...

The ins and out (goings) of responsible lending
Insight 13 Nov 2018

Very broadly speaking current legislation relating to responsible lending says that a person must not recommend or make an unsuitable loan to a consumer - an unsuitable loan being one that either does not meet the consumers requirements and objectives or imposes repayment obligations that they are ...

AFCA's powers and obligations - 'systemic issues'
Insight 13 Nov 2018

In his Interim Report, Commissioner Hayne rejected claims that misconduct in the financial services sector was the fault of 'a few bad apples' and did not raise 'broader or systemic concerns. This Insight considers what can and should be done about such systemic issues. ...

Slater & Gordon begins its superannuation class actions
Insight 11 Oct 2018

As predicted in an Insight in 2018, the Financial Services Royal Commission has proved to be a hotbed for class actions. ...

Royal Commission: Round 3 - experiences with SME lending
Insight 02 Oct 2018

The third round of the Royal Commissions hearings concerned lending practices to small and medium enterprises SMEs The hearings considered a range of case studies ...

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