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AFCA: The first six months - and the year ahead
Insight 17 Apr 2019

The Australian Financial Complaints Authority AFCA the new one-stop-shop for resolving financial complaints has had a very busy first six months of operation ...

Expert review into fees and costs disclosure - further changes ahead
Insight 20 Aug 2018

Many of you will be familiar with the long and tortured history of fees and costs disclosure regulation in Australia. The most recent set of issues can be traced back to 2014 when ASIC tried to address what it considered to be gaps in and inconsistent application of the former regime ...

Another year, another FFSP update: what is the status of the FFSP reforms?
Insight 28 Jan 2024

In this Insight, we'll bring you up to speed on the latest updates to the FFSP regime, preparing you for what's ahead. ...

Allens tops Debtwire's 2023 Australian rankings
News 23 Jan 2024

The firm ranked first by value and deal count for both Borrower’s Legal Counsel and Lead Bank’s Legal Counsel. Last year, the team advised borrowers and lenders on a total of 77 transactions - near ...

Allens advises on financing of 414MW Uungula Wind Farm
News 11 Jan 2024

Once completed, the wind farm is expected to have a capacity of 414MW, generate enough electricity to power more than 220,000 homes and prevent more than 560,000 tonnes of carbon emissions from bei ...

Spotlight: (almost) everything you need to know about ransomware
Insight 22 Jan 2018

Almost half of all companies experienced at least one cyber ransom incident in 2016 - either a ransomware attack or a ransom denial-of-service attack That same year ransomware attacks cost businesses more than US1 billion worldwide1 a figure expected to reach US5 billion in 2017 and exceed US115 ...

Payments regulation reform update: the Government consults on the regulation of payment service providers
Insight 19 Dec 2023

The Treasury recently published a further consultation paper in connection with its proposal to introduce a new licensing framework for payments-related activities. It refines and clarifies the proposals in the previous consultation paper published in June 2023. ...

Allens advises Pacific Equity Partners on FirstCape investment
News 14 Dec 2023

The proposed transaction sees PEP acquire a 35% stake in FirstCape, with NAB and Jarden Wealth retaining shareholdings of 45% and 20% respectively. Allens advised on all Australian law aspects of t ...

FIRB fee changes aimed at increasing affordable housing supply
Insight 11 Dec 2023

On 10 December 2023, the Federal Government announced changes to the Foreign Investment Review Board residential land fee rules, designed to 'improve housing affordability and supply'. ...

The Federal Government issues its final response to the Quality of Advice review
Insight 07 Dec 2023

The Federal Government has provided its final response to the Quality of Advice review, as part of its 'Delivering Better Financial Outcomes' package of reforms. ...

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