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Can product suitability rules succeed where disclosure has failed?
Insight 08 Aug 2014

One of the more interesting possibilities raised in the Interim Report of David Murrays Financial System Inquiry is the introduction of product suitability requirements as a complement to the current disclosure regime The Interim Report presents a case for change but does not set out in detail what ...

Accolades for Allens at FinanceAsia awards
News 09 Feb 2017

Allens has been named Best Financial Law Firm Australia 2016 by FinanceAsia at its annual awards. Managing Partner, Richard Spurio said he was delighted to have the firm's work on market-leading ...

Federal Government passes wide-ranging data retention laws
Insight 08 Apr 2015

Telecommunications and internet service providers will incur significant new compliance costs under the Federal Government's controversial new data retention laws. ...

Workplace Relations
Insight 05 May 2016

Workplace Relations: We look at an adverse action case; why a redundancy doesn't constitute a termination; the importance of a consistent process to deal with workplace bullying; the fairness of a dismissal for failing workplace drug tests; and preventing an employee going to work with a competitor ...

New ASIC funding - looking beyond the headlines
Insight 04 May 2016

Along with the public release of the ASIC Capability Review Report the Government announced a suite of reforms giving ASIC additional but targeted funding and has also sought to remove some of the shackles on hiring it believes may be hindering ASICs ability to recruit top talent At the same time ...

Blockchain and why smart contracts still need smart lawyers
Insight 06 Jul 2016

There has been so much talk about blockchain and distributed ledger technology recently especially in financial services that you might be forgiven for thinking it might be more hype than substance But we think it could be very important technology ...

ASIC getting a bigger toolkit sooner than expected
Insight 04 May 2016

In its response to the capability review into ASIC the Federal Government has made a commitment to accelerate the implementation of a product intervention power for ASIC and the product design and distribution obligations for the financial services industry but it left to one side some other ...

Green Renaissance in Australia
Insight 08 Jun 2016

After more than three years of inertia, the Australian renewable energy industry is finally showing signs of a resurgence ...

Superannuation and the Government's response to the FSI
Insight 06 Nov 2015

The Governments response to the FSIs superannuation recommendations is as with much of the rest of the responses somewhat safe and as a result arguably disappointing As with the Inquirys recommendations it shifts from the sublime to the ridiculous ndash on the one hand it deals with the really ...

Funding a Fund: The growth of the capital call facility
Insight 25 May 2015

The Australian corporate debt market is primed for growth, with an increase in the number of funds providing direct lending as an alternative source of financing to the traditional lending dominated by domestic banks. ...

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