2231-2240 of 2870 results
A key landmark in IBOR transition
The long-awaited ISDA IBOR Fallbacks Supplement and Protocol will be going live today with the endorsement of ASIC, the RBA and APRA. They implement new benchmark fallbacks for both future and existing derivative contracts, facilitating the efficient transition from LIBOR and other IBORs in anticipation of their discontinuation. If you have a derivatives portfolio, the Protocol allows quick and easy adoption of the new fallbacks through a one-off adherence. That said, it may not be sufficient to cover all scenarios. ...
National Electricity and Gas rules update: September 2020
In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of September, as well as take a closer look at the ESB's progress on its Post-2025 Market Design. ...
Australia's second shareholder class action judgment
In the wake of Crowley v Worley Limited, Australia's first two shareholder class action judgments highlight the significant risk that applicants, and the litigation funders that support them, take when pursuing such claims to trial. Neither judgment sounded in any award of damages for shareholders. ...
Funds and institutional investors: a pivotal role in the infrastructure-led recovery
Funds and institutional investors are uniquely positioned to play a pivotal role in this recovery and to respond to the disruption and opportunities that have been presented in infrastructure. ...
Major NSW mining lease rehabilitation reforms for all mines
All new and existing all new and existing mining leases in NSW will be regulated by new standard rehabilitation conditions under proposed reforms by the NSW Resources Regulator (Mining Amendment (Standard Conditions of Mining Leases - Rehabilitation) Regulation 2020). ...
Act fast, act well: Federal Court decision reinforces the importance of robust compliance programs for banks and other financial services licensees
Chief Justice Allsop of the Federal Court recently imposed on a bank, by consent of ASIC and the bank, civil penalties totalling $10 million for unconscionable conduct in carrying out an inadequate customer remediation process. It highlights the importance of banks and other financial services licensees having in place robust compliance programs and taking prompt and comprehensive action where possible non-compliance is identified. ...
Yes, government should fast-track infrastructure spending. But wisely.
There is no question that more public spending and job creation will help, but how that money is spent, where and on what type of projects should be carefully scrutinised. Our latest research unpacks the issues. ...
Full Bench confirms breach of critical safety procedure justified dismissal
The Full Bench of the Fair Work Commission (FWCFB) has confirmed that a breach of a critical safety procedure can be grounds for dismissal, even where there is no actual risk of injury to any person as a result of the breach. ...
Social media – reinstated after pressing send to the wrong group
The Fair Work Commission has ordered the reinstatement of an employee who was terminated for sending racist messages to a work WhatsApp group, on the grounds that his dismissal was unfair. ...
Insolvency reforms to support small business
The Commonwealth government announced a package of reforms directed at streamlining insolvency processes for small business. Our analysis on the issue from our insolvency and restructuring experts. ...