121-130 of 715 results
The first major overhaul of Australia's corporate insolvency regime in more than 30 years
On 28 September 2022, the Federal Government's Parliamentary Joint Committee on Corporations and Financial Services (Committee) announced an inquiry into corporate insolvency in Australia (Inquiry). The Inquiry is the first major review of Australia's corporate insolvency regime in more than 30 years. ...
Further updates to cessation of remaining LIBOR settings
On 29 September 2022, the UK LIBOR regulator, the FCA, announced it will no longer require publication of one-month and six-month GBP LIBOR beyond 31 March 2023. ...
Lessons from Daewoo v INPEX: calls on bank guarantees
Last week the NSW Supreme Court published an important decision concerning a principal's ability to call on a bank guarantee in circumstances where a contractor is facing financial troubles and/or potential insolvency in Daewoo v INPEX [2022] NSWSC 1125. ...
Recent industry guidance for fund managers on climate risk disclosure
Fund managers should take note of recent guidance published by the Financial Services Council, which provides a set of baseline expectations for the investment management industry's approach to making net zero targets, ESG product labelling and other climate risk disclosure considerations. ...
2022 PE Horizons update: caution and opportunity
Geo-political tensions, high inflation and rising interest rates have created significant market volatility. This inevitably breeds caution amongst sponsors, but also creates opportunity. ...
Major changes proposed to financial advice regime
Treasury has released a further consultation paper as part of the Quality of Advice Review, seeking feedback on interim proposals for changes to the regulatory regime governing financial advice. ...
ASIC's Corporate Plan shaped by emerging environmental, economic and technology trends
ASIC has released its four-year plan, which outlines its key areas of focus. Of these four priorities, three are new: Design and distribution obligations; Retirement decision making; Sustainable finance; and Technology risks. ...
Another year of relief for foreign financial service providers – but the relief saga continues
In this Insight, we cover what the extension of the existing licensing relief means for FFSPs; what the Bill (and its lapsing) means for FFSPs; and what options are available to FFSPs moving forward. ...
Overview of Australia's foreign investment approval (FIRB) regime
Significant changes to Australia's foreign investment approval (FIRB) regime came into effect last year. This guide provides up-to-date information you need to know about how the new FIRB regime operates. ...
New ASIC guidance on how superannuation and managed funds can avoid 'greenwashing'
Greenwashing in the promotion of managed investment and superannuation funds is one of ASIC's current corporate governance priorities as it continues to 'monitor the market … looking for misleading claims about ESG and sustainability'. ...