101-110 of 278 results
Australian Senate report proposes new corporate entity in model to regulate the crypto economy
The Senate Select Committee on Australia as a Technology and Financial Centre has released a report (the Report) which makes 12 recommendations largely focused on the 'digital asset/crypto' economy. ...
Captive to no one: Australian Government releases its Ransomware Action Plan
The Department for Home Affairs has released the Australian Government's Ransomware Action Plan (the Plan). This development forms part of the Government's Cyber Strategy and is the latest in a series of actions taken by the Government to combat the escalating threat of ransomware and extortion. ...
Mandatory vaccination directions issued for Victorian workers
The Victorian government has implemented a broad-reaching mandatory vaccination requirement for workers as part of its plan to limit the spread of COVID-19. Under the COVID-19 Mandatory Vaccination (Workers) Directions (Directions), a significant number of Victorian workers must be vaccinated in order to work away from home from 22 October 2021. ...
Further security of critical infrastructure developments announced
The Parliamentary Joint Committee on Intelligence and Security (Joint Committee) has recommended that businesses responsible for Australia's critical infrastructure be subjected to expanded governance assistance measures as a matter of urgency. If adopted, the recommendations would see the proposed Security Legislation Amendment (Critical Infrastructure) Bill 2020 (Draft Bill) separated into two bills. ...
Mandatory vaccinations in the workplace: what do employers need to consider?
In this Insight, our cross-practice experts cover the employment, safety, privacy, regulatory, insurance and liability considerations that confront employers navigating these complex and rapidly changing public health settings. ...
Changes to FIRB Guidance Notes
The Australian Government has finalised and released legislation to make major changes to Australia's foreign investment laws – commonly known as the 'FIRB regime' – with effect from 1 January 2021. This Insight summarises the key changes to the FIRB regime. ...
Mandatory FIRB approval thresholds for acquisitions in Australian entities
On, 1 January 2021 significant changes came into effect to Australia's (FIRB) remine. To help you navigate the complexities of these new rules we have compiled a summary of the thresholds for determining whether a proposed acquisition of equity interests triggers an obligation to obtain 'FIRB approval' under the Foreign Acquisitions and Takeovers Act 1975 (Cth) (FATA). ...
Allens advises Quantium on its expanded partnership with Woolworths Group
Under the transaction, Woolworths Group will increase its shareholding in Quantium from 47 per cent to 75 per cent, with Quantium founders and team members retaining 25 per cent of the business. ...
Allocating FIRB completion risk in public M&A deals
One of the issues a target board will need to consider when assessing a takeover by a foreign bidder is the mitigation of FIRB completion risk in the transaction, and the appropriate allocation of any residual risk between the bidder and the target. This is particularly an issue where the target's business includes critical infrastructure or raises national security issues. ...
Federal Court makes landmark decision on data transparency
The Federal Court of Australia has found that Google LLC (Google) engaged in misleading conduct and made false representations to some of its users because of the way it presented its collection, storage and use of users' personal location data in its privacy statements. ...