31-40 of 580 results
Are data breaches a money laundering and terrorism financing risk?
The Australian Transaction Reports and Analysis Centre has published new guidance recommending that reporting entities assess the potential impact of data breaches on the money laundering and terrorism financing risks they face. In this Insight, we explain the new guidance and what it means. ...
ASIC publishes second report with insights from the Reportable Situations Regime
ASIC has published its second report recording high-level insights and trends observed in breach reports received from AFS and credit licensees between 1 July 2022 and 30 June 2023 under the Reportable Situations Regime. ...
Allens advises on financing for Edify's Koorangie Energy Storage System
Development of the 185 MW / 370 MWh KESS represents a major step towards reducing reliance on coal and gas generators to provide system strength for the Victorian grid. It is expected to increase t ...
Breach reporting update: reducing the regulatory burden on licensees
ASIC has made some helpful amendments (the Instrument) to AFS and credit licensees’ obligations regarding certain breach reporting under the reportable situations regime (the Regime). These upda ...
Big changes incoming: consultation opens on amendments to the PPSA
The Federal Government has invited public consultation on its proposed changes to the Personal Property Securities Act 2009 (Cth). The changes are extensive, and will implement most of the 394 recommendations from the 2015 Whittaker Review. ...
Corporate trustees: no fiduciary duty owed by a successor trustee to its predecessor
A recent New South Wales Court of Appeal judgment has resolved a difficult question concerning the law of corporate trustees, and serves as a practical reminder of the difficulties faced, in particular, by insolvency practitioners appointed to insolvent former trustees. ...
Allens advises GPT Group on the expansion of its funds management platform to a portfolio of Australian and NZ student accommodation assets
'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,' ...
Allens advises Bendigo and Adelaide Bank on the sale of Bendigo Superannuation Pty Ltd to Betashares
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 ...
ASIC releases final revised Derivatives Transaction Reporting Rules
The ASIC Rules on Derivatives Trade Reporting are being renewed and revised to be simpler and more consistent with international standards. The final revised rules were made this week and are due to take effect on 21 October 2024. The current rules have been extended until then. ...
Australia and Singapore enter into Comprehensive Strategic Partnership
The Australian and Singaporean governments have recently concluded discussions on a landmark agreement that will see the two countries cooperating across a range of strategic initiatives including in the areas of trade and economics innovation education people and defence The Comprehensive Strategic ...