241-250 of 609 results
What's ahead for home loans in 2019
Allens has written over the course of this year, the Royal Commission will bring and in fact already has brought monumental changes both in how banks are regulated and to the actual laws that apply ...
Food fraud and technology - opportunities and limitations
The high-profile ‘fake honey’ scandal has made food fraud front-page news in Australia in 2018. With the ACCC having now concluded its honey investigation, due to ‘testing uncertainty’, we explore how new technologies like blockchain could potentially assist in preventing food fraud. ...
Troubled waters
A recent Federal Court decision demonstrates the difficulties large offshore food and beverage brands may encounter when attempting to enter the Australian market, particularly where there is a longstanding local user of the same or a similar mark ...
Measuring ‘spilt milk’
Can food and beverage industry participants be found to have engaged in misleading or deceptive conduct for failure to comply with aspects of relevant regulatory regimes? The Federal Court has confirmed that they can. ...
Controversial encryption legislation passed
The Governments highly controversial encryption legislation was hastily passed through Parliament last week making it the first legislation of its kind globally Partner Valeska Bloch and Paralegal Sophie Peach report ...
New APRA prudential standard raises bar for information security obligations and incident notification requirements
As companies and regulators across the world grapple with ever-increasing cyber security threats, Australia's financial services regulator, APRA, has released the final form of a new prudential standard, which imposes heigtened security obligations for APRA-regulated entities ...
The ins and out (goings) of responsible lending
Very broadly speaking current legislation relating to responsible lending says that a person must not recommend or make an unsuitable loan to a consumer - an unsuitable loan being one that either does not meet the consumers requirements and objectives or imposes repayment obligations that they are ...
AFCA's powers and obligations - 'systemic issues'
In his Interim Report, Commissioner Hayne rejected claims that misconduct in the financial services sector was the fault of 'a few bad apples' and did not raise 'broader or systemic concerns. This Insight considers what can and should be done about such systemic issues. ...
Rise above backlash to extract full benefits from data: new report from Allens
The report, Benefits over backlash, explores a negative trend in consumer confidence in data use following high-profile scandals in the past 12 months. It urges organisations to move beyond the ...
Efficiently, honestly and fairly - overarching and fundamental obligations?
In his recent Interim Report into Misconduct in the Banking Superannuation and Financial Services Industry Commissioner Hayne makes a lot of the duties of an Australian financial services licensee and an Australian credit licensee to provide financial services or credit activities as the case may be ...