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ASIC extends transition period for fees and costs disclosures, and delays consultation paper to January 2019
Insight 14 Dec 2018

ASIC has extended the transition periods for certain fees and costs disclosure obligations applicable to superannuation funds and managed investment schemes by a further year pending the release of its consultation paper on the regime ...

Royal Commission: Round 2 - experiences with financial advice
Insight 02 Oct 2018

Although the Commissioner says that the Royal Commission is part of the executive and not the judiciary and that he is therefore not able to make any findings of law he comes pretty close in his views in response to Round 2 And in some important respects those views do not correspond with ...

Federal Court sheds new light on public benefit test in Tatts/Tabcorp merger appeal
Insight 11 Oct 2017

The Federal Courts decision about the proposed TabcorpTatts merger has provided significant clarification about the public benefit test for authorisations This is timely in light of the legislation before the Senate that proposes to combine the Tribunal authorisation process with the formal ACCC ...

Brace for the Twitterstorm – US appeals court to decide whether embedded Tweets infringed copyright
Insight 20 Jun 2018

A US district court judge has found that several online publishers infringed copyright when they embedded Tweets featuring a photograph protected by copyright. The decision has now been appealed, and could have far-reaching consequences for online media outlets. ...

Allens Number One for Project Finance transaction value
News 22 Jan 2019

The Allens team worked with clients across the private and public sectors advising on market-leading transactions including: The sale by the New South Wales Government of a 51% stake in the ...

Round 5: Superannuation
Issues 10 Feb 2019

Perhaps the biggest issue dealt with in the superannuation hearings is how various forms of conflicts create perverse incentives for trustees to not comply with their duties. ...

Allens advises InfraRed Capital on Curtin University's campus vision
News 12 Jun 2019

Procurement for Stage One began in 2016 and is a cornerstone in the delivery of Curtin University's new Exchange precinct, a transformative hub that delivers genuine mixed-use development to serve ...

Drones – a patent perspective
Insight 20 Jun 2018

The military and high-priced wedding videographers are no longer the only ones actively using drones. Companies from a variety of fields are coming up with innovative uses for drone technologies, and patenting them. Associate Evan Wilcox, aeronautical engineer turned patent attorney, describes a few ...

Risky business - remedies and enforcement powers for CDR breaches
Insight 10 Sep 2018

As part of the new Consumer Data Right CDR framework a new regime of offences remedies and enforcement powers will be implemented The Australian Competition and Consumer Commission ACCC will have primary oversight for the enforcement of the regime though the OAIC will handle privacy complaints in ...

Counsel Assisting the Royal Commission alleges significant superannuation misconduct
Insight 27 Aug 2018

The list of alleged breaches are divided into breaches of the SIS Act the Corporations Act and the ASIC Act we consider each of these and what it might mean ...

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