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Financial services regulation update (September edition)
Webinar 06 Sep 2024

Covered in this webinar: APRA enforcement update – In July 2024, APRA announced it had agreed to accept an enforceable undertaking from OnePath Custodians, and that OnePath had paid $10.7 million under infringement notices issued by APRA. This webinar takes a look at the case in detail, including some of the key takeaways for superannuation trustees and other APRA-regulated entities. DDO enforcement update – ASIC has successfully prosecuted the first two design and distribution obligations cases. This webinar takes a look at some key findings from those cases, including the court's view on what constitutes 'reasonable steps' for issuers and distributors of financial products and an issuer's obligation to monitor and review data. ...

Class action risk 2024
Insight 17 Mar 2024

Class action filings rebounded in 2023, making it the second biggest year for filings of all time. While consumer claims continue to dominate, claims from shareholders and employees remain significant areas of risk. ...

Inclusion and diversity at Allens
Other

Our inclusion and diversity strategy focuses on driving inclusive behaviours, building commitment and implementing the right structures across a range to ensure all our people are able to be their best selves and do their best work. Here are some of the ways we're fostering inclusion and diversity. ...

Learning, listening and lasting change: my Jawun secondment on Yolŋu Country
Stories 10 Dec 2024

Senior Associate Zainab Mahmood spent ten weeks on Yolŋu Country supporting Gumatj Corporation. Zainab became Allens' 50th Jawun secondee, representing a significant milestone in the firm's enduring partnership with Jawun. When I was ...

Taking action to protect voting rights
Stories 06 Nov 2022

Justice Action is an independent organisation that strives to give a voice to people who have been marginalised or excluded from the community. Its 'Just Us' newsletter gives people in prison and mental health systems in Australia and New ...

Allens Adapt
Other

The world is changing. As we navigate our way through, we understand there is an increasing demand for flexibility and choice in the workforce. That's why we developed Allens Adapt – offering short or fixed-term contracts at blue-chip clients across the country or internally here with us.   ...

Allens Adapt: Geoff Sanders' experience
Stories

Geoff, a partner specialising in superannuation, funds management and financial services law (which has been a hot spot for client demand in recent years), has been a supporter of the Adapt program since its early days, and regularly refers lawyers in his network to the program. ...

Allens Adapt: Mary Jane McKerihan's experience
Stories

Stepping out of a full-time role to try contract work can often feel daunting, but for Mary Jane it felt right. ...

Unlocking value with private capital
Issues

Private capital investors are accessing broader opportunities across a range of sectors, demonstrating an ability to spot trends ahead of the market. ...

What this means for culture
Issues

Are there implications over a year on? Yes. The broader lessons on culture are becoming clearer, and we have seen an increasing trend towards its regulatory supervision, particularly with APRA regulated entities. In February 2019, the 4th ...

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