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Allens tops syndicated loans tables
News 22 Jan 2015

Allens has been ranked the number one legal adviser in the Asia-Pacific for syndicated loans in 2014, according to the latest Bloomberg league tables. Across the Bloomberg Asia-Pacific (excluding ...

Allens advises on refinancing of US$3.5bn Wiggins Island Coal Export Terminal
News 02 Oct 2018

Allens has advised a syndicate of 22 financiers on the refinancing of the US$2.5 billion senior project financing facilities for the US$3.5 billion Wiggins Island Coal Export Terminal ( WICET ) ...

Allens bolsters Banking & Finance team with new senior hire
News 26 Feb 2019

David joins as Managing Associate, in what is his first role since returning to Australia from Hong Kong. In the eight years he spent overseas, David worked at Allens' global alliance partner ...

APRA's guidance on the Protecting Your Super changes
Insight 16 May 2019

On 8 May APRA released its answers to some frequently asked questions about the Protecting Your Super changes I would politely suggest that the questions asked and answered by APRA make up a fairly small subset of the questions that are in fact being asked in some cases very frequently about the PYS ...

Royal Commission: Round 4 - experiences with financial service entities in regional and remote communities
Insight 02 Oct 2018

In the Interim Report the Commissioner identifies four principal issues relating to agricultural lending ...

Australian Financial Complaints Authority: a 'one-stop-shop' for financial dispute resolution
Insight 19 Jul 2018

The new Australian Financial Complaints Authority is to replace each of the Superannuation Complaints Tribunal the Financial Ombudsman Service and the Credit and Investments Ombudsman in November 2018 ...

Amendments to include insurance claims handling in the definition of 'financial services'
Insight 05 Mar 2019

The Federal Government has released a consultation paper which takes action on Recommendation 4.8 of the Banking Royal Commission's Final Report. If implemented, the handling and settlement of insurance claims will become a 'financial service' under the Corporations Act 2001 ...

ASIC's change of tone in action
Insight 15 Mar 2019

ASIC's 'why not litigate?' approach to enforcement activities and its change in tone confirm the new era of regulatory engagement has arrived. In particular, its recent actions in the Federal Court place the waiving of legal professional privilege under the spotlight. ...

Review of Card Payments Regulation
Insight 06 May 2015

The level of public interest and popular support for regulation targeting excessive surcharging makes card payment regulation likely to be one of the first areas of reform following the publication of the Final Report of the Financial System Inquiry the FSI Report ...

Nudge, nudge, think, think - ASIC and behavioural economics
Insight 01 Apr 2015

In 2014 ASIC started promoting the use of behavioural economics in its regulatory activities Two reports recently released by ASIC provide clues as to how ASIC may try to counteract behavioural biases in the future ...

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