221-230 of 1056 results
Simplifying standards: trusted overseas product safety standards to be adopted in Australia
The Federal Government has announced it will begin consulting on amendments to the Australian Consumer Law (ACL) which would allow businesses to rely on compliance with certain trusted overseas product safety standards (in lieu of the equivalent Australian standard) when supplying products to the Australian market. ...
Commitment made, now to implement: embedding ESG best practice
In terms of achieving the potential to use international law frameworks as a tool to set company policy on ESG issues, we discuss recommendations for using these frameworks to audit the commitments the company makes. ...
Elevating ESG: how to establish and embed leading practices
It is essential to prioritise ESG. A confluence of factors are accelerating the importance of ESG and these have material impacts for organisations operating in Australia. This insight will assist boards, senior executives, in-house counsel, sustainability teams, and risk and compliance leaders to act as strategic partners to the business as it shapes its ESG agenda. ...
'Your Future, Your Super' exposure draft regulations – what they mean for the super industry
We have outlined the exposure draft regulations and our take on the implications for the super industry if they are made as proposed. ...
Federal Budget 2021-22 – Superannuation
Super fund trustees will likely breathe a sigh of relief that there are no new significant reforms to the superannuation system on the Government's budget agenda. ...
Key developments for APRA-regulated entities in managing climate risks
Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...
EU carbon tariffs on the horizon – what Australian trading businesses need to know
The European Union's Parliament has adopted a resolution supporting the introduction of a Carbon Border Adjustment Mechanism (CBAM) to tax carbon emissions embedded in foreign imports entering the EU. The EP has resolved to implement by 2023 a regime that is compliant with World Trade Organization (WTO) rules. ...
Your jointly proposed pecuniary penalty may not be appropriate
The decision of the Full Federal Court in the appeal of Volkswagen v ACCC is an important reminder of the court's supervisory role in approving pecuniary penalties jointly proposed by parties to a proceeding. It also reinforces an identifiable increase in the value of pecuniary penalties sought and obtained by the Australian regulators in enforcement proceedings since 2015. ...
Another decision on adverse costs orders in employment class actions: should you expect a 'chilling effect' on employment class action risk?
Duck v Airservices Australia (No 3) is the latest in a series of cases that have grappled with the intersection of employment class actions, litigation funders and the traditionally 'no costs' jurisdiction of the Fair Work Act. We examine the decision and its potential impacts on employment class action risk. ...
Less than one year before the new foreign financial services providers regime begins
The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...