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Key considerations for customer-owned bank mergers
The consolidation of the mutual banking sector in Australia, as evidenced by recent mergers involving four of the country's largest customer-owned banks, is a response to competitive pressures and the need to scale technology, funding and compliance costs. ...
Ever-expanding jurisdiction: Clearview AI's appeal and extra-territorial application of the Privacy Act
A landmark ruling in Australia confirms that Clearview AI breached the Privacy Act despite lacking a physical presence or supplying products or services in the country, emphasising the extraterritorial reach of privacy laws and the consequences for companies. ...
Four key ways technology will help companies meet their decarbonisation goals
Companies know they have to change the way they operate if they're going to reach net zero by 2050. In this Insight, we explore four key ways technology can help meet decarbonisation goals, drawing on examples discussed in our recent webinar 'Leveraging technology to accelerate decarbonisation'. ...
AI Governance Toolkit for General Counsel and Boards
We believe companies need to start applying guardrails to AI development, use and deployment, but we understand that it can be hard to know where and how to start. That's why we've developed an AI Governance Toolkit for General Counsel and Boards, to help companies manage their AI risk. ...
Allens advises Servicely on $3 million investment from EVP
The new capital injection will allow Servicely to accelerate its product deployment and international expansion plans to deliver its integrated and intelligent service management platform to more ...
'A ticking time bomb': limitations in cyber cover for known vulnerabilities and end-of-life hardware
Insurers heavily scrutinise organisations' ability to prevent, anticipate and withstand cyber-attacks when deciding whether or not to offer cyber insurance. This Insight explains what known vulnerabilities are; the approach commonly adopted by insurers; and what you can do to mitigate the risk. ...
The AI-generated picture becomes clearer: key legal considerations emerging for generative AI developers and their customers
With rapid developments, it is proving increasingly difficult to stay across the full range of implications for the use and regulation of generative AI tools. This Insight is intended to provide an update on the developments in generative. ...
Allens advises IMDEX on financing for Devico acquisition
Devico is a leading provider of advanced sensors and directional drilling technologies. The acquisition expands IMDEX's technology capability and geographical reach, and reinforces its position as ...
Allens advises Glenrowan Solar Farm financing
The 102 MWac/130MWdc greenfield project is one of six to have been selected through the Second Victorian Renewable Energy Target Auction (VRET2), designed to help meet the Victoria's government’s ...
Navigating the big issues of 2023
During the recent webinar: 'Navigating the key issues of 2023', the team identified and discussed key issues facing both the Australian economy and policymakers in 2023. ...