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Modern Slavery Bill passed - how can your business prepare?
This Insight considers the key implications of the passing of the Federal Modern Slavery Bill for businesses stakeholders ...
Christmas comes early for the AFP and CDPP: Bill introduced to reform foreign bribery laws and introduce DPA scheme
The Australian Government has introduced the Crimes Legislation Amendment Combatting Corporate Crime Bill 2017 into the Senate which if passed into law will significantly strengthen Australias foreign bribery laws and introduce a Deferred Prosecution Agreement scheme for resolving corporate criminal ...
Significant overhaul of measures to combat corporate crime
Today the Federal Government will introduce legislation that will significantly overhaul Australias foreign bribery laws and will also establish a deferred prosecution regime that is intended to provide an incentive for companies to self-report a range of serious white-collar crime matters The ...
Best practice guidelines for self-reporting of foreign bribery
Best practice guidelines for self-reporting of foreign bribery and related offending by corporations have been published by the AFP and the CDPP ...
Australia and Indonesia sign bilateral free trade agreement - what it means for you
After eight years of negotiation, Australia and Indonesia have signed a bilateral free trade agreement that both reduces tariff and non-tariff barriers for trade and investment, and simplifies various regulatory requirements. ...
English law developments on parent liability for local impacts - the Vedanta Resources decision
On 10 April 2019 the English Supreme Court ruled that nearly 2000 members of rural farming communities in Zambia can bring proceedings in the English courts against the UK-incorporated Vedanta Resources Plc Vedanta The claims relate to the copper mining operations of one of Vedantas subsidiaries ...
Korea-Australia Free Trade Agreement: strengthening cross-border investment
The landmark Korea-Australia Free Trade Agreement is expected to further strengthen the established complementary economic relationship between the two countries, and to provide new opportunities for cross-border investment and trade. ...
Australia's expanding network of investment treaties and investor-state dispute settlement
Australia continues to expand its network of investment treaties In light of this Australian investors should consider a review of the treaty protections that apply to their foreign investments If a treaty includes an investor-State dispute settlement mechanism the investor may be able to resolve ...
The changing landscape of international investment agreements
A recent United Nations Conference on Trade and Development report identifies recent trends in international investment agreements and investor-state dispute settlement - among them a rise in the integration of sustainable development objectives including via more careful regulation by states of ...
OECD releases report on Australia's anti-bribery enforcement
The OECD Working Group on Bribery has issued a follow-up report on the extent to which Australia is meeting its obligations under the OECD Anti-Bribery Convention The OECD has recommended further law reform and other measures to boost enforcement of foreign bribery offences Partner Rachel Nicolson ...