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Coming this spring: ACCC to monitor large merchants' payment surcharges
Insight 02 Jun 2016

The Reserve Bank has now released a Standard which sets out what payment surcharges will be permitted for the purposes of the new Part IVC of the Competition and Consumer Act 2010 Cth The aim of the Standard is to improve competition and efficiency by providing to consumers price signals associated ...

The Life Insurance Code of Practice - just a code, or something more?
Insight 07 Oct 2016

The new Life Insurance Code of Practice has much to recommend it The paragraphs concerning policy design are a case in point But is the Code indeed just a code or does it purport to go further ...

Competition news
Insight 27 Jun 2018

Revised Banking Code of Practice, innovation at the ASX and other corporate law developments
Insight 12 Jul 2019

Revised Banking Code of Practice; innovation at the ASX; and other corporate law developments. ...

Michelle Levy wins Partner of the Year
News 29 Apr 2016

Partner Michelle Levy was announced as 'Partner of the Year' in the Financial Services category at last night's Lawyers Weekly inaugural awards ceremony held in Sydney. Michelle is a financial ...

Review into four major banks - money for consultants?
Insight 25 Nov 2016

The Parliamentary Economics Committee released its report following its review into Australias four major banks yesterday Our Financial Services Regulation team has a look at the recommendations in this update ...

How to create a cyber resilient supply chain
Insight 16 Oct 2017

What do the Australian Department of Defence Target Verizon and the Australian Red Cross Blood Service have in common They all suffered massive data breaches linked to a failure in their supply chain These breaches are a good reminder that with so much attention directed at securing your ...

OAIC concludes investigation of Australian Red Cross data breach
Insight 05 Sep 2017

OAIC concludes investigation of Australian Red Cross data breach where a one-off human error by a third party provider's employee led to a massive data breach that hit the Australian Red Cross Blood Service ...

Excessive payment surcharging reforms
Insight 11 Jul 2017

As of 1 September 2017 merchants will be prohibited from charging excessive payment surcharges for certain payment methods Under the new rules businesses can only pass on to customers what it costs them to process a payment The Allens Competition team have put together a brief overview of the ...

One click from meltdown - cyber attacks on critical infrastructure
Insight 03 May 2018

Security experts have been predicting for some time that as critical infrastructure networks become smarter more automated and more connected they will also become more vulnerable to cyber threats Reports last week of extensive attacks on critical infrastructure by hackers associated with the ...

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