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ASIC's guidance on conflicts in vertically integrated funds-management businesses
Insight 24 Mar 2016

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 ...

AIFMD - the future of marketing to European investors
Insight 31 Jul 2015

The European Securities and Markets Association has published its initial advice and opinion on the functioning of the marketing passport and national private placement regimes since the implementation of AIFMD and the possibility of extending the marketing passport to non-European fund managers ...

High Court examines powers of responsible entities
Insight 07 Nov 2014

The High Court has reaffirmed the powers of a responsible entity are ultimately derived from the scheme's constitution, but the exercise of those powers is constrained by the statutory and fiduciary duties imposed on the responsible entity. ...

The Zenith: Allens advises BlackRock and Centuria on joint purchase
News 23 May 2016

Allens has advised a BlackRock investment client and Centuria Property Funds Limited on their joint acquisition of The Zenith. The iconic Chatswood property, which consists of two 21-storey towers, ...

PPSA amendments for 'serial numbered goods'
Insight 24 Mar 2014

New legislation will amend the Personal Property Securities Act to remove the provision that deems leases of serial-numbered goods of more than 90 days to be a PPS lease These amendments will primarily benefit businesses in the leasing industry and will have a minimal but positive effect on ...

New energy certificate exemptions for sellers and landlords
Insight 06 Mar 2015

From 1 July 2015 sellers and landlords will be able to enter into sales and leases which are the result of unsolicited offers or which involve only wholly-owned subsidiaries without the need to first provide a building energy efficiency certificate following amendments to federal legislation Partner ...

Withholding tax on the sale of Australian property by foreign residents
Insight 19 Nov 2014

Treasury has released a discussion paper on the proposal to introduce a non-final withholding tax on the disposal of taxable Australian property by foreign residents Partner Katrina Parkyn looks at some of the key areas of discussion ...

FoFA amendments made
Insight 01 Jul 2015

The Federal Government has made the 'time critical' FoFA amendments with new regulations saying that any financial product advice provided to an employer about their default superannuation fund is a financial service provided to a retail client. ...

Allens advises Netflow consortium on $1.8bn Melbourne roads PPP
News 14 Nov 2017

Allens has advised the Netflow consortium on its preferred respondent nomination for the $1.8 billion Western Roads Upgrade project. The project will be the first road development and maintenance ...

Allens advises on successful investment in Melbourne Square development project
News 11 Aug 2017

Allens has advised one of Malaysia's leading property developers, PJ Development Holdings Berhad, a subsidiary of OSK Holdings Berhad, on the investment by a subsidiary of the Employees Provident ...

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