611-620 of 895 results
Disclosure: current complexity, future clarity?
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 ...
High Court decision on retention obligations provides some clarity to liquidators
The High Court has ruled that a liquidator has no obligation to retain monies on account of tax until a notice of assessment has been issued The decision will provide much needed clarity for liquidators and other statutorily deemed trustees and agents Partners Charles Armitage and Christopher ...
ASIC's guidance on conflicts in vertically integrated funds-management businesses
ASIC has released a report looking at the way vertically integrated funds management businesses deal with conflicts of interest The report summarises the findings of ASICs recent review of a number of businesses and sets out some good practice recommendations Partner Marc Kemp and Senior Associate ...
Strangers no more - Taking action against an insolvent defendant's insurer
The High Court of Australia has decided that a third party claimant can join an insolvent or potentially insolvent defendants insurer to proceedings to seek a declaration that the insurer is liable to indemnify the defendant Partner Andrew Maher and Lawyer Shelley Drenth discuss the decision and its ...
NSW to go it alone on a tort of privacy?
A New South Wales legislative committee has released a report following an inquiry into remedies for serious invasions of privacy in New South Wales In an unexpected and controversial move the report recommends that the NSW Government take the lead by introducing a statutory cause of action for ...
Product rationalisation - again
The FSI report recommended that the Government facilitate rationalisation of legacy products in the life insurance and managed investment scheme industries The need for ways to close legacy products has been kicking around for at least a decade and in 2007 Treasury released a very thorough options ...
Allens advises on innovative financing for Melbourne roads upgrade
Allens has advised the Netflow consortium on an innovative financing arrangement for its A$1.8 billion Western Roads Upgrade public-private partnership (PPP). The financing of the Western Roads ...
Allens partner to chair energy efficiency review
Allens Partner and Head of Innovation Anna Collyer will lead the Australian Government's review into the legislation that regulates the energy efficiency of appliances and equipment. Ms Collyer wil ...
Allens Hub for Technology, Law & Innovation launches research streams
Allens and UNSW have officially launched the Allens Hub for Technology, Law & Innovation, unveiling 10 new research streams to tackle legal issues surrounding data, artificial intelligence, privacy ...
How to avoid anti-money laundering compliance headaches - financial product issues
Issues of securities interests in managed investment schemes and other types of financial products typically involve a number of designated services under Australias anti-money laundering and counter terrorism financing AMLCTF regime However in the midst of preparing governing documents disclosure ...