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Updated guidance on conflicted remuneration and other banned benefits
Insight 07 Dec 2017

Earlier today ASIC released an updated version of Regulatory Guide 246 concerning conflicted remuneration and other banned benefits such as volume-based shelf-space fees The changes are largely to address the life insurance remuneration reforms which take effect on 1 January 2018 But there are other ...

Unitranche financing in the Australian market
Insight 04 Dec 2017

As regulatory and political pressure increases on the major banks in Australia alternative credit providers are entering the market with a variety of products to attract borrowers The unitranche loan is an example of one such product Partner Warwick Newell Senior Overseas Practitioner Alex Tonkin ...

Australian Modern Slavery Act: Final Report recommends mandatory supply chain reporting with penalties for non-compliance
Insight 14 Dec 2017

After a year-long inquiry a parliamentary committee has recommended that Australia establish a Modern Slavery Act including mandatory reporting for large businesses on modern slavery risks in their operations and supply chains The introduction of a Modern Slavery Act is set to be a game-changer with ...

A new planning regime for Queensland
Insight 03 Jul 2017

A new planning regime for Queensland has come into effect today with the commencement of the Planning Act 2016. ...

Proposed Foreign Influence Transparency Scheme to shine light on foreign interests lobbying
Insight 20 Dec 2017

The Federal Government has introduced into Parliament legislation that if passed will create the Foreign Influence Transparency Scheme which will require persons and entities who have arrangements with or undertake activities for foreign principals to meet certain registration obligations The scheme ...

Australian Government proposes new foreign bribery offences
Insight 07 Aug 2017

Australias lack of enforcement of foreign bribery legislation has attracted increasing criticism in recent years but the Federal Government is expected to soon table legislation proposing wide-ranging reforms We look at two key proposed changes for Australian companies ...

Summary dismissal for theft found to be unfair
Insight 01 Nov 2017

A recent decision of the Fair Work Commission has highlighted the importance of ensuring that the decision to summarily terminate an employee's employment is proportionate to their misconduct. ...

Counsel Assisting the Royal Commission alleges significant superannuation misconduct
Insight 27 Aug 2018

The list of alleged breaches are divided into breaches of the SIS Act the Corporations Act and the ASIC Act we consider each of these and what it might mean ...

ASIC's allocations project - guidance from abroad
Insight 13 Aug 2018

ASIC is examining the allocations process in capital raising transactions We report on ASICs allocations project and the influences that the regulators in the UK and in Europe may have on the project ...

Report: National Electricity & Gas Rules Update 2018
Insight 13 Jul 2018

In this final wrap-up for FY1718 we take a look at the new rule change requests draft and final determinations made in the period April - June 2018 as well as track the progress of other National Electricity Gas and Energy Retail Rule changes currently underway ...

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