Various new foreign exchange regulations governing the use of all types of foreign currency accounts including investment accounts of Vietnamese enterprises and their investors have recently come into effect The changes will affect current and potential foreign investors as well as foreign-invested ...

The 100 member rule for convening company meetings will be abolished under legislative amendments introduced into Parliament this week following consultation by the Federal Government on draft legislation earlier this year Proposed streamlining of remuneration disclosure obligations is also still ...

ASICs recently published Strategic Outlook outlines its priorities for responding to the key risks it believes will affect investors and gives some interesting clues into what industry participants can expect from ASIC over the next 12 months such as more surveillance of insider trading breaches of ...

With the new Franchising Code of Conduct and civil pecuniary penalties set to commence in 2015 a recent Full Federal Court decision is a timely warning to franchising parties to ensure their practices comply with the Code ...

ASICs Senate submission on forestry schemes has emphasised important regulatory reform themes with implications for managed investment schemes and financial services regulation more generally Partner Marc Kemp Consultant Derek Heath and Lawyer Patrick Boyle report ...

The Commonwealth Government this week released its Agricultural Competitiveness Green Paper outlining policy ideas for improving water management to meet the future water demands of the agriculture sector The Green Paper sets out principles for Commonwealth involvement in water infrastructure ...

The Mongolian Government has been particularly active in the first half of October introducing changes to Ministerial responsibilities and a draft Law that if enacted would reform the nations permitting regime These developments will be of interest to existing and prospective investors in Mongolia ...

The Full Federal Court has held that a liquidator has no obligation to retain monies on account of tax until a notice of assessment has been issued While the decision is a win for taxpayers and creditors of insolvent entities it remains to be seen how the Commissioner of Taxation will respond ...

The High Court recently overturned a NSW Court of Appeal decision that stated a building contractor owed a duty of care for pure economic loss for defective work to a successor in title to the developer of commercial premises. ...

Draft legislation has been released that contains details of the Exploration Development Incentive announced as part of the 2014-15 Federal Budget The scheme is designed to encourage equity investment in greenfield explorers by enabling explorers to issue exploration credits to its investors Partner ...