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Arbitration Roundup
This Insight examines the latest developments in international arbitration ...
South Australian Royal Commission heads developments in uranium sector
The South Australian Government has released the draft terms of reference for the recently-announced Royal Commission to inquire and report on the potential for South Australia to deepen its involvement in the nuclear fuel cycle Partner Richard Malcolmson Managing Associate Hilary Birks and Senior ...
Ashley Madison - litigation risks exposed
The recent hacking of website AshleyMadisoncom has exposed the websites parent companies to lawsuits in the US and Canada and has attracted the attention of the Australian Privacy Commissioner ...
Federal Government review into Open Banking
The Federal Government has released its much anticipated Review into Open Banking in Australia The Review makes 50 sweeping recommendations to implement Open Banking including a new regulatory framework under which the regime would operate in the broader context of a new Consumer Data Right for all ...
How to determine whether you have suffered an eligible data breach
From 22 February 2018 the Notifiable Data Breaches Scheme NDB Scheme will require all entities covered by the regime to notify the Office of the Australian Information Commissioner OAIC and affected individuals of an eligible data breach ...
Bankruptcy and insolvency law reforms and the innovation agenda
The Federal Government has released a Proposals Paper on possible changes to bankruptcy and insolvency laws that will form part of its broader National Innovation and Science Agenda Reform to bankruptcy and insolvency law has been identified as an area that could contribute to changing the culture ...
A blow to class action judgments achieving finality
In a recent decision, the High Court considered that a successful class action defendant cannot rely on mere failure by members of a class action to opt out of group proceedings to establish that these members are subsequently prevented from raising other claims ...
ASIC announces fintech licensing exemptions
As part of its implementation of the regulatory sandbox for fintech companies ASIC is providing relief for certain fintech businesses from the obligation to hold an Australian financial services or Australian credit licence Relief may be available for up to 12 months and may be useful to businesses ...
Spotlight: (almost) everything you need to know about ransomware
Almost half of all companies experienced at least one cyber ransom incident in 2016 - either a ransomware attack or a ransom denial-of-service attack That same year ransomware attacks cost businesses more than US1 billion worldwide1 a figure expected to reach US5 billion in 2017 and exceed US115 ...
OAIC concludes investigation into Precedent Communications
The OAIC has concluded its investigation into Precedent Communications following a massive data breach that rocked the Australian Red Cross Blood Service ...