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Payments regulation reform update: the Government consults on the regulation of payment service providers
Insight 20 Dec 2023

The Treasury recently published a further consultation paper in connection with its proposal to introduce a new licensing framework for payments-related activities. It refines and clarifies the proposals in the previous consultation paper published in June 2023. ...

Allens advises Evolution Mining on Northparkes acquisition
News 19 Dec 2023

The acquisition was funded by Evolution's recently completed AU$525 million institutional placement and a new AU$200 million five-year Term Debt Facility. As part of the deal, Evolution has agreed ...

Australian Treasury commences consultation on possible changes to Australia's merger clearance rules
Insight 15 Dec 2023

Possible changes to Australia's merger control rules have been on the table for some time and are now being considered by a Competition Taskforce within the Australian Treasury. On 20 November 2023, the Taskforce issued a consultation paper on possible merger clearance changes. ...

Allens advises Pacific Equity Partners on FirstCape investment
News 14 Dec 2023

The proposed transaction sees PEP acquire a 35% stake in FirstCape, with NAB and Jarden Wealth retaining shareholdings of 45% and 20% respectively. Allens advised on all Australian law aspects of t ...

Vietnam bond investment guide
Insight 13 Dec 2023

This guide provides a comprehensive overview of corporate bonds, and discusses some key legal and practical issues for foreign investors and domestic issuers on bond transactions in Vietnam. ...

FIRB fee changes aimed at increasing affordable housing supply
Insight 12 Dec 2023

On 10 December 2023, the Federal Government announced changes to the Foreign Investment Review Board residential land fee rules, designed to 'improve housing affordability and supply'. ...

The Federal Government issues its final response to the Quality of Advice review
Insight 08 Dec 2023

The Federal Government has provided its final response to the Quality of Advice review, as part of its 'Delivering Better Financial Outcomes' package of reforms. ...

Allens advises Bain Capital on US$250m investment in Vietnam's Masan Group
News 07 Dec 2023

The investment is Bain Capital's first in Vietnam and includes equity investment in the form of convertible dividend preference shares which can be converted into listed ordinary shares of Masan ...

Allens advises Great Barrier Reef Foundation on investment to protect reef biodiversity
News 07 Dec 2023

The investment will help fund the development of an innovative method of calculating the value of coral reef biodiversity, which is expected to stimulate a market for nature rehabilitation and spur ...

Allens advises on sale of Honan Insurance Group to Marsh
News 06 Dec 2023

'We are pleased to have worked with TA Associates on this sale to a global strategic buyer which demonstrates that good assets can still be traded, despite continuing caution around the M&A market, ...

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