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Allens advises Development Victoria on sale of Fibre to the Home network
News 22 Dec 2017

Allens has advised Development Victoria on the sale of its Fibre to the Home network to RedTrain Networks Pty Ltd. The sale includes the network, which sits across six of Development Victoria's ...

The ins and out (goings) of responsible lending
Insight 13 Nov 2018

Very broadly speaking current legislation relating to responsible lending says that a person must not recommend or make an unsuitable loan to a consumer - an unsuitable loan being one that either does not meet the consumers requirements and objectives or imposes repayment obligations that they are ...

Bankruptcy and insolvency law reforms and the innovation agenda
Insight 03 May 2016

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 ...

Updated fee and cost disclosure - transition period extended
Insight 29 Nov 2016

ASIC has today announced that superannuation fund trustees and responsible entities will have until 1 October 2017 to comply with the updated fee and cost disclosure rules for PDSs set out in ASIC Regulatory Guide 97 and ASIC Class Order 141252 - but only if they comply with certain conditions ...

United States implements novel sanctions regime to combat cyber threats
Insight 22 Apr 2015

President Barack Obama has issued an Executive Order enabling the US Department of Treasury to implement targeted sanctions against foreign individuals or entities whose cyber-enabled activities result in significant threats to the national security foreign policy economic health or financial ...

Arbitration Roundup
Insight 22 Dec 2015

Productivity Commission kicks off inquiry into superannuation
Insight 17 Mar 2016

The Productivity Commission has released an issues paper inviting submissions on the criteria that should be used to assess the efficiency and competitiveness of Australias superannuation system This will be of interest not only to superannuation trustees but also to service providers including fund ...

Providing digital financial product advice to retail clients
Insight 05 Apr 2016

ASIC is consulting on a new regulatory guide for providers of digital financial product advice or robo-advice The regulatory guide is intended to help new entrants and existing Australian financial services licence holders For new entrants and licensees needing a reminder there is a nice summary of ...

Spotlight: (almost) everything you need to know about ransomware
Insight 22 Jan 2018

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
Insight 22 Jan 2018

The OAIC has concluded its investigation into Precedent Communications following a massive data breach that rocked the Australian Red Cross Blood Service ...

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