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Key considerations for customer-owned bank mergers
Insight 02 Jul 2023

The consolidation of the mutual banking sector in Australia, as evidenced by recent mergers involving four of the country's largest customer-owned banks, is a response to competitive pressures and the need to scale technology, funding and compliance costs. ...

Ever-expanding jurisdiction: Clearview AI's appeal and extra-territorial application of the Privacy Act
Insight 29 May 2023

A landmark ruling in Australia confirms that Clearview AI breached the Privacy Act despite lacking a physical presence or supplying products or services in the country, emphasising the extraterritorial reach of privacy laws and the consequences for companies. ...

Four key ways technology will help companies meet their decarbonisation goals
Insight 24 May 2023

Companies know they have to change the way they operate if they're going to reach net zero by 2050. In this Insight, we explore four key ways technology can help meet decarbonisation goals, drawing on examples discussed in our recent webinar 'Leveraging technology to accelerate decarbonisation'. ...

AI Governance Toolkit for General Counsel and Boards
Insight 23 May 2023

We believe companies need to start applying guardrails to AI development, use and deployment, but we understand that it can be hard to know where and how to start. That's why we've developed an AI Governance Toolkit for General Counsel and Boards, to help companies manage their AI risk. ...

Allens advises Servicely on $3 million investment from EVP
News 23 May 2023

The new capital injection will allow Servicely to accelerate its product deployment and international expansion plans to deliver its integrated and intelligent service management platform to more ...

'A ticking time bomb': limitations in cyber cover for known vulnerabilities and end-of-life hardware
Insight 17 May 2023

Insurers heavily scrutinise organisations' ability to prevent, anticipate and withstand cyber-attacks when deciding whether or not to offer cyber insurance. This Insight explains what known vulnerabilities are; the approach commonly adopted by insurers; and what you can do to mitigate the risk. ...

The AI-generated picture becomes clearer: key legal considerations emerging for generative AI developers and their customers
Insight 17 May 2023

With rapid developments, it is proving increasingly difficult to stay across the full range of implications for the use and regulation of generative AI tools. This Insight is intended to provide an update on the developments in generative. ...

Allens side by side with clients raising more than $4 billion of capital
News 16 Apr 2020

In the current economic uncertainty, a number of companies have turned to the capital markets to raise fresh equity. Allens has been working side by side with clients to assist them through this ...

Allens expands its banking and financial services regulation capability with four new specialists
News 15 Jan 2020

Allens' market-leading team is uniquely placed to help clients navigate this environment and has expanded its capability across banking and financial services regulation with the addition of four n ...

Allens on board with global Accord Project
News 27 Sep 2018

With growing interest in the use of smart legal contracts, Allens has joined the global Accord Project , a collective of leading law firms working together to establish a common, universal ...

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