21-30 of 104 results

Australia's Modern Slavery Act – one year on
Insight 11 Dec 2019

Australia's modern slavery reporting regime was introduced one year ago, and 2020 will see the first set of modern slavery statements published by reporting entities. ...

Take Two: anti-bribery reforms revived and long-awaited draft regulatory guidance released
Insight 04 Dec 2019

The Australian Government has tabled the Crimes Amendment (Combatting Corporate Crime) Bill 2019 (the 2019 Bill) in the Senate, and the Attorney-General's Department has released Draft Guidance on the steps a body corporate can take to prevent an associate from bribing foreign public officials for public consultation (the Draft Guidance). Like the 2017 version of the Bill that lapsed earlier this year (the 2017 Bill), if passed, the 2019 Bill will strengthen Australia's foreign bribery laws, including by introducing a new corporate offence of failure to prevent bribery by an associate, and will introduce a Deferred Prosecution Agreement (DPA) scheme for resolving serious corporate criminal matters. Partner Rachel Nicolson, Senior Associate Andrew Wilcock and Associate Lewis Winter report on the key differences between the 2017 and 2019 Bills, and the content of the Draft Guidance. ...

Singapore Convention on Mediation: a step towards easier enforcement of international settlements
Insight 11 Jul 2019

On 7 August 2019, the United Nations Convention on International Settlement Agreements resulting from Mediation (the Convention) will be open for signature.  It will come into force six months after three countries have signed, with Singapore expected to be the first State to do so. ...

Australia and Indonesia sign bilateral free trade agreement - what it means for you
Insight 21 Mar 2019

After eight years of negotiation, Australia and Indonesia have signed a bilateral free trade agreement that both reduces tariff and non-tariff barriers for trade and investment, and simplifies various regulatory requirements. ...

Climate change reporting - heating up in 2019
Insight 29 Mar 2019

The need for companies to manage and report on climate-change risks is gaining momentum in Australia This is part of a global trend as investors and governing bodies increasingly expect companies to integrate climate risks into their strategy and reporting - yet tools for monitoring and disclosing ...

English law developments on parent liability for local impacts - the Vedanta Resources decision
Insight 15 Apr 2019

On 10 April 2019 the English Supreme Court ruled that nearly 2000 members of rural farming communities in Zambia can bring proceedings in the English courts against the UK-incorporated Vedanta Resources Plc Vedanta The claims relate to the copper mining operations of one of Vedantas subsidiaries ...

Increased whistleblower protections, and more to come...
Insight 24 Nov 2016

The Federal Parliament has passed an industrial relations bill that includes significant increases to the whistleblower protections applicable to unions and employer organisations In what would be a comprehensive overhaul of Australias whistleblower laws the Federal Government has separately agreed ...

Supply chains in the spotlight: Establishing an Australian Modern Slavery Act
Insight 21 Feb 2017

The Australian Government has announced the launch of a broad inquiry into establishing a Modern Slavery Act in Australia The inquiry will consider whether the introduction of anti-slavery legislation would strengthen and improve Australias current regime to combat slavery If introduced a Modern ...

Foreign stamp duty surcharge of 7 per cent introduced in South Australia
Insight 23 Jan 2018

South Australia has introduced a stamp duty surcharge of 7 per cent for direct and indirect acquisitions of residential land by foreign purchasers, with effect from 1 January 2018. ...

Korea-Australia Free Trade Agreement: strengthening cross-border investment
Insight 23 Apr 2014

The landmark Korea-Australia Free Trade Agreement is expected to further strengthen the established complementary economic relationship between the two countries, and to provide new opportunities for cross-border investment and trade. ...

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