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Sanctions Regime in Australia
Insight 21 Feb 2024

We outline the key aspects of the Australian Sanctions Regime, the practical issues that corporations may encounter when implementing and managing their sanctions compliance frameworks, as well as some recent case studies to illustrate how the regime can apply. ...

Allens advises QIC on the establishment of the Queensland Venture Capital Development Fund
News 20 Feb 2024

QIC has established the QVCDF with $130 million of commitments from the Queensland Government, to invest in select venture capital funds and to provide operational funding for accelerators and ...

No 'leap of faith' as Federal Court rejects ASIC's policy avoidance case
Insight 20 Feb 2024

Just as the summer holidays began at the end of 2023, Justice Jackman of the Federal Court handed down judgment in ASIC v Zurich Australia Limited. ...

Closing Loopholes No. 2 Bill passes both houses of Parliament
Insight 20 Feb 2024

The second tranche of the Federal Government's Closing Loopholes Bill has passed both Houses of Parliament and is now awaiting Royal Assent. This Insight examines the new provisions and key amendments and offers recommended steps employers should take to ensure they comply with the new laws. ...

National Electricity and Gas rules update: December 2023 and January 2024
Insight 20 Feb 2024

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the months of December and January, as well as take a closer look at the AEMC's review of the electricity compensation frameworks in the NER. ...

What's on the horizon for business and human rights – 2023 themes and 2024 predictions
Insight 15 Feb 2024

The focus on businesses' obligations regarding human rights has grown considerably in recent years. In this Insight, we identify some of the central business and human rights themes from 2023, and set out our predictions for the year ahead. ...

Mandatory climate-related financial reporting: business implications of the draft legislation
Insight 14 Feb 2024

On 12 January 2024, the Federal Government released the exposure draft of the Treasury Laws Amendment Bill: Climate-related financial disclosure. In this Insight, we explain key elements of the Draft Legislation, including areas of uncertainty that have been raised in submissions to government. ...

Allens advises CapVest portfolio company Datasite on proposed acquisition of Ansarada Group
News 13 Feb 2024

Datasite has entered into a scheme implementation deed for the acquisition of 100% of Ansarada Group for $2.50 cash per share by way of a scheme of arrangement, implying an equity value of $236.3 ...

Fortune favours the brave in 2024: Allens releases PE Horizons report
News 12 Feb 2024

After a relatively subdued 2023, the report's authors are calling 2024 as the year of the exit, with improved macroeconomic conditions providing the ideal environment for PE sponsors to sell assets ...

Allens advises BWP Trust on its $75 million loan note facility
News 09 Feb 2024

BWP Trust is an ASX-listed real estate investment trust investing in and managing commercial properties throughout Australia. The majority of BWP Trust's properties are large format retailing ...

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