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Round 6: Insurance
Issues 10 Feb 2019

The sixth round of public hearings considered issues associated with the sale and design of life insurance and general insurance products, the handling of claims under life insurance and general insurance policies, and the administration of life insurance by superannuation trustees. ...

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 ...

Allens acts for Charter Hall on Folkestone acquisition
News 24 Aug 2018

      Allens has advised Charter Hall Group (Charter Hall) on its proposed acquisition of Folkestone Limited (Folkestone). The acquisition, structured as a scheme of arrangement, is valued at $205 ...

Allens Number One for Project Finance transaction value
News 22 Jan 2019

The Allens team worked with clients across the private and public sectors advising on market-leading transactions including: The sale by the New South Wales Government of a 51% stake in the ...

The Japan-Australia Economic Partnership Agreement
Insight 15 Apr 2014

Australia and japan have enetered into an economic partnership agreement to reducel tariff barriers on the majority of Australian exports to Japan. In contrast to the recently concluded Korea-Australia Free Trade Agreement, it does not include an investor-state dispute settlement mechanism. ...

High Court affirms governments' power to pass 'draconian' seizure laws
Insight 10 Jun 2014

The High Court recently handed down its decision in Attorney-General NT v Emmerson Partner Peter ODonahoo Senior Associate Tim Maxwell and Lawyer Simone Kaser review the decision with respect to the courts analysis of the limits on Commonwealth and Territory legislative power under the doctrine of ...

ASIC's (limited) guidance on superannuation fees and costs disclosure
Insight 01 Jul 2014

Today 1 July sees the implementation of changes to the fee and cost disclosure rules for superannuation and managed investment products While a new information sheet from ASIC provides guidance on certain aspects of the new rules superannuation trustees have been left to grapple largely unaided with ...

Disclosure: current complexity, future clarity?
Insight 04 Jun 2014

Since the 1996 Wallis Inquiry disclosure has been at the heart of the regulatory philosophy for the retail financial services sector in Australia Under the Financial System Inquirys terms of reference the Inquiry will refresh the philosophy principles and objectives underpinning the development of a ...

Corporate culture an increasing legal and reputational risk
News 07 May 2019

Significantly, the report's findings move beyond broad recommendations, identifying the key factors singled out by the law and regulators as drivers of corporate culture and naming general counsel, ...

Allens advises Cerberus on acquisition of specialist SME lender
News 23 Sep 2019

The partnership between Cerberus and the Axsesstoday management team is Cerberus' second successful acquisition in Australia. In 2018, it acquired Bluestone Group's Australasian mortgage lending an ...

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