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Withholding tax on the sale of Australian property by foreign residents exposure draft legislation released
Insight 28 Jul 2015

Exposure draft legislation implementing the Federal Governments promise to introduce a 10 per cent non-final withholding tax on purchasers of certain types of taxable Australian property by foreign residents has been released for review and comment Partner Charles Armitage and Associate Scott Lang ...

New regulations to kick-start a derivatives market in Vietnam
Insight 15 May 2015

The Vietnamese Government has issued a new decree that lays the foundations for the trading of derivatives and for the establishment of the first derivative market in Vietnam This development is expected to diversify securities products in Vietnam and help enhance liquidity on the Vietnam securities ...

A new dawn for crowd sourced equity funding?
Insight 05 Feb 2015

CAMAC and the FSI have acknowledged that the current Australian regulatory settings are hostile to crowd sourced equity funding A recently released Treasury Discussion Paper has considered three options for law reform and what each might mean for the development of this innovative form of capital ...

Full Federal Court rules against agreed civil penalties
Insight 04 Jun 2015

Ecstasy cocaine and industrial action at a construction site are unlikely subjects for an article on financial services regulation They are however the things that have led to what could be a significant change to the way in which financial services regulators like ASIC and APRA can resolve civil ...

Brexit and financial services regulation
Insight 06 Jul 2016

The idea that the UK could on leaving the EU simply walk away from a significant amount of EU financial services regulation seems fantastical It is likely that the UK will instead have to adopt on exit vast amounts of EU financial services regulation However the UK will have no say on the future ...

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 19 Jul 2017

In Touch looks at what's been happening in Competition this month and what it means for your business ...

Allens advises Healthe Care on two major acquisitions
News 08 May 2017

Allens has advised leading Australian private hospital operator Healthe Care Australia in relation to the acquisition of ASX-listed Pulse Health Limited and three hospitals in the Illawarra region ...

Allens tops deal value in Australasia
News 10 Jul 2017

Allens has been ranked number one for deal value in Australasia in the Mergermarket M&A league tables for the first half of 2017. Allens acted on transactions with a value of more than US$20.5 ...

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