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Allens advises GPT Group on the expansion of its funds management platform to a portfolio of Australian and NZ student accommodation assets
News 16 Oct 2023

'This marks a significant expansion of GPT's funds management platform and we congratulate GPT on the successful addition of the Australian and NZ student accommodation portfolio to its platform,' ...

TNFD Recommendations to prompt a step change in nature risk management and disclosure
Insight 10 Oct 2023

The Taskforce on Nature-related Financial Disclosures recommendations (the TNFD Recommendations) provide a means to standardise nature-related risk management and reporting, and to capitalise on nature-related opportunities. ...

The National Anti-Corruption Commission in action
Insight 09 Oct 2023

New anti-corruption watchdog, the National Anti-Corruption Commission (the NACC), has now been operating for 100 days, and has already received more than 1200 referrals and opened three investigations ...

Allens advises Bendigo and Adelaide Bank on the sale of Bendigo Superannuation Pty Ltd to Betashares
News 05 Oct 2023

Bendigo Superannuation Pty Ltd is a wholly owned subsidiary of the Bank, and trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension products, which are part of the Bendigo ...

Whistling in the wind: clarification on the limited retrospective application of the corporate and tax whistleblower protection regime
Insight 03 Oct 2023

The Full Court of the Federal Court of Australia has unanimously determined that the updated whistleblower protections that came into effect on 1 July 2019 do not apply to detrimental conduct engaged ...

Allens advises Investec on sale of $1.1bn loan portfolio
News 29 Mar 2021

The portfolio comprises leveraged finance, corporate and fund finance loans to corporates and funds across business services, entertainment, retail, childcare, healthcare, mining services and ...

Increasing climate litigation and shareholder action expected
Insight 25 May 2020

There is a growing trend for legal action against corporates, particularly energy companies and financial firms. Many commentators, including former Chief Justice French, have predicted a continued rise in climate change litigation in Australia. ...

Close and continuous monitoring - the new ASIC approach of embedding its officers in banks
Insight 19 Sep 2018

ASIC has recently announced a new supervisory approach that involves embedding ASIC officers in the four major banks and AMP ...

UK Supreme Court counters High Court on penalties
Insight 19 Nov 2015

The highest appellate court in the UK has affirmed and restated the penalty rule as it applies in the UK in a recent decision that directly addresses and counters the High Court of Australias approach to the rule in Andrews Partner Nick Rudge and Lawyer Patrick Easton report ...

Updated guidance on conflicted remuneration and other banned benefits
Insight 07 Dec 2017

Earlier today ASIC released an updated version of Regulatory Guide 246 concerning conflicted remuneration and other banned benefits such as volume-based shelf-space fees The changes are largely to address the life insurance remuneration reforms which take effect on 1 January 2018 But there are other ...

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