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Allens advises on green refinancing for Queensland train project
News 16 May 2021

As part of the refinancing, Qtectic - the borrower and project consortium comprised of John Laing, Itochu, Aberdeen Standards Investments and Alstom - secured certification of the project's debt ...

Federal Budget 2021-22 – Superannuation
Insight 12 May 2021

Super fund trustees will likely breathe a sigh of relief that there are no new significant reforms to the superannuation system on the Government's budget agenda. ...

Surprising 2021-22 Budget backflip leaves the new Foreign Financial Services Provider regime in limbo
Insight 12 May 2021

The Government's Budget announcement has come as a surprise for Foreign Financial Services Providers (FFSPs) in 2021-22 Federal Budget. ...

Key developments for APRA-regulated entities in managing climate risks
Insight 11 May 2021

Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...

Allens advises on Australia's largest sustainability-linked loan
News 10 May 2021

The facility is the largest SLL announced in Australia to date, and sees the Fund become the first Australian REIT to apply a SLL framework to all its bank facilities. Under the SLL, sustainability ...

Less than one year before the new foreign financial services providers regime begins
Insight 13 Apr 2021

The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...

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 ...

'Remediation' as a legal term
Insight 23 Mar 2021

ASIC's recent consultation paper (CP335) on proposed changes to its remediation guidance (RG256) may have created further space between what is legally required of remediations and what ASIC may expect of them. ...

Proposed new responsible lending laws pass the House of Representatives
Insight 23 Mar 2021

On Monday 15 March 2021, the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 passed the House of Representatives, and was introduced in the Senate the following day. This followed the release of the Senate Economics Legislation Committee Report on the Bill. ...

Allens advises ACCIONA on 923MW MacIntyre Wind Farm partnership
News 19 Mar 2021

Allens has advised the energy division of ACCIONA on its agreement with Ark Energy Corporation, a new subsidiary of Korea Zinc Company, in relation to the 923MW MacIntyre Wind Farm development project in Queensland. ...

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