541-550 of 1051 results
Should APRA's prudential standard-making powers extend to directors' duties?
In recent times APRA has been active in prescribing duties for directors of the institutions it regulates In light of what has happened it is worth asking should the question of directors duties be excluded from APRAs prudential standard-making powers ...
Allens advises Rest on $900m Quay Quarter Tower investment
Allens has advised Rest on its acquisition of a one-third stake in Sydney's Quay Quarter Tower redevelopment for approximately $900 million. It is the largest Australian property transaction ever ...
Allens wins ILTA Innovative Project of the Year
Allens won the ILTA Innovative Project of the Year award for its Real Estate Due Diligence App REDDA. The system will allow lawyers to focus on expert legal analysis by removing the majority of the manual burden. ...
Hayne report – first impressions
Commissioner Hayne's recommendations may initially seem somewhat modest – they do not undo vertical integration, impose limits on executive remuneration or ban bonuses and they do not recommend that directors prefer the interests of their customers. But, while it is true that the recommendations are not radical, there is much in the report that will mean some real changes for financial services companies, their Boards and their executives, as well as for their regulators and advisers. ...
Round 3: Lending Practices to Small and Medium Enterprises
Throughout the Royal Commission, Commissioner Hayne grappled with the difficulties of striking an appropriate balance between ensuring that small and medium enterprises (SMEs) have access to credit, and imposing standards on the provision of that credit to protect SME borrowers and third-party guara ...
Allens advises GPT on major office and retail assets acquisition
Allens has advised the GPT Wholesale Office Fund ( GWOF ) and the GPT Wholesale Shopping Centre Fund ( GWSCF ), on agreements that relate to the acquisition of $1.2 billion worth of office and reta ...
Allens advises Wilson Parking on Sydney Opera House car park deal
Allens has advised Wilson Parking Australia 1992 Pty Limited on its acquisition of the headlease interest in the Sydney Opera House Car Park for approximately $80 million. The 11-storey car park ...
What might the PC review into superannuation mean for fund investments?
The Productivity Commission Draft Report into the Efficiency and Competitiveness of Australias superannuation system weighing in at a substantial 549 pages contains a treasure trove of information on and analysis of a wide range of aspects of the industry ...
Slater & Gordon begins its superannuation class actions
As predicted in an Insight in 2018, the Financial Services Royal Commission has proved to be a hotbed for class actions. ...
A new enforcement landscape for Australian corporations in 2019 and beyond
The Royal Commission into Misconduct in the Banking Superannuation and Financial Services Industry Interim Report and a raft of announcements at the federal level over the past 12 months point clearly to a more robust enforcement environment for corporate Australia in 2019 and beyond Partner Paul ...