231-240 of 429 results
Would you like financial services with your social network? Facebook consortium to launch new cryptocurrency
In a bold new play, a consortium led by social media giant Facebook has announced plans to enter the financial services sector through the launch of a cryptocurrency called Libra. Both a currency and a blockchain backed payment system, the project could have a profound impact on the financial servic ...
Allens advises Canva on Pexels acquisition
Based in Germany, Pexels is one of the world's largest free stock content websites, receiving more than 9 million visits per month. Allens advised on all aspects of the transaction, including ...
Allens acts for PZ Cussons in successfully defending the first contested 'hub and spoke' cartel case brought by the ACCC
In 2013, the ACCC first took action against: PZ Cussons and Colgate-Palmolive, alleging they had entered into a cartel in relation to the supply of laundry detergents with a third laundry detergent ...
Final APRA Guidance on Information Security (CPG 234) released – are you prepared?
APRA has released the updated final version of its Prudential Practice Guide, which gives crucial context about how it views cybersecurity threats. ...
Trend Watch: beta testing – a new software procurement strategy?
Software company Palantir Technologies was recently announced as the US Army's choice to deploy a complex combat intelligence system valued at US$800 million. ...
ACCC releases draft Consumer Data Right Rules for consultation
In preparation for the implementation of the first phase of the Consumer Data Right on 1 July 2019 the ACCC has released draft CDR Rules for consultation The draft rules detail how the CDR will function across all designated sectors in practice including how data is to be shared the criteria for ...
Corporate culture an increasing legal and reputational risk
Significantly, the report's findings move beyond broad recommendations, identifying the key factors singled out by the law and regulators as drivers of corporate culture and naming general counsel, ...
Trend Watch: What the top ten 2018 cybersecurity trends mean for your business
Last year was a big year for cybersecurity Organisations were forced to grapple with an increasingly complex regulatory environment as governments across the globe continued to navigate how to best protect personal information in the face of increasingly sophisticated cybersecurity threats We look ...
Allens advises leading tech company LIFX on sale to Buddy Platform
Allens worked closely with US law firm Latham & Watkins and advised on all aspects of the transaction, including structuring the cross-border deal. LIFX is a market-leading provider of wifi-enabled ...
Government proposes major changes to privacy law
The Federal Government has proposed radically increased financial penalties and new powers for the Office of the Australian Information Commissioner in the wake of increased scrutiny of social media platforms and a growing consensus that Australias privacy legislation has fallen behind global norms ...