171-180 of 2959 results
New SEC private fund disclosure rules rejected by US court
A US appeals court has now thrown out those Rules in their entirety, finding that the SEC exceeded its statutory authority in adopting the Rules in August 2023 (given it was not empowered under either of provisions it relied upon to adopt the Rules). ...
Nature-related risks should be at the top of the boardroom agenda: key steps directors should take to manage these risks
Nature-related risks and opportunities have fast become a hot topic of discussion in Australian boardrooms. Investors have warned that boards and executives need to be upskilled on nature-related risks to be ready for what is to come. ...
Financial services regulation update (June edition)
Covered in this webinar: ASIC's industry review of superannuation-related death benefit claims; ASIC's report on advice fee deductions from superannuation; and lenders' processes for dealing with financial hardship. ...
Switzerland found to have contravened European Convention on Human Rights in responding to climate change
The European Court of Human Rights (the ECHR) has recently delivered a decision concerning the human rights impacts of climate change in Verein KlimaSeniorinnen Schweiz and Others v Switzerland (European Court of Human Rights, Grand Chamber, Application No 53600/20, 9 April 2024) (Verein). ...
Queensland resources sector update: budget announcements and recent reforms
In this Insight, we explore the key initiatives and funding announced in the budget as well as recent legislative and policy reforms across the sector. ...
A new era of environmental governance: national agencies and tougher penalties
Following announcements in April about next steps in the Federal Government's 'Nature Positive' reforms (see our previous Insight here), three Bills have been tabled in Parliament to implement Stage 2 of the three stages of amendments to the Environment Protection and Biodiversity Conservation Act 1 ...
Victorian stamp duty for industrial and commercial properties transitions to annual tax from 1 July 2024
From 1 July 2024, under the Commercial and Industrial Property Tax Reform Act 2024 (Vic) (the Act), which seeks to implement 'transformational' tax reform for commercial and industrial property, such property will be subject to stamp duty for a final time when it is next sold or otherwise transacted ...
ASIC continues to prioritise compliance with financial hardship obligations
Lenders need to respond effectively to hardship notices. ASIC reviewed ten large home loan lenders to understand how they are supporting customers experiencing financial hardship. ...
This is Allens: Chelsey Drake
Chelsey Drake is a partner in our M&A and Capital Markets team and has been a member of the Australian Government's Takeovers Panel since 2016. ...
Optus class action privilege claims rejected
The Full Federal Court has refused Optus' appeal from a Federal Court decision rejecting its legal privilege claim over a factual investigation report commissioned in response to a data breach, on the basis that Optus had not established that the report was prepared for the dominant purpose of legal ...