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The future for foreign financial services providers in Australia – the latest from ASIC
Insight 05 Jul 2019

After much anticipation, the Australian Securities and Investments Commission has provided an update on its proposed changes to the licensing relief currently available to foreign financial service ...

Leadership change in Papua New Guinea
Insight 03 Jul 2019

James Marape's ascension to the Prime Ministership of Papua New Guinea brings potential changes to regulation of the resources industry. We examine his new-look cabinet and some of the more recent ministerial comments regarding both ...

Trend Watch: beta testing – a new software procurement strategy?
Insight 03 Jul 2019

Software company Palantir Technologies was recently announced as the US Army's choice to deploy a complex combat intelligence system valued at US$800 million. This followed Palantir's commercial off-the-shelf solution initially being ...

Report: National Electricity & Gas Rules Update: June 2019
Insight 01 Jul 2019

In this update we summarise the progress of new and existing rule change requests across the month of June and take a closer look at the introduction of the Retailer Reliability Obligation that came into operation on 1 July 2019. For more ...

Final APRA Guidance on Information Security released – are you prepared?
Insight 27 Jun 2019

APRA has released the updated final version of its Prudential Practice Guide, which gives crucial context about how it views cybersecurity threats, and clarifies some of the steps that should be taken now relating to board oversight, information security controls and notification of information security incidents. Partner Valeska Bloch and Associate Claudia Hall report. ...

Jump Swim in deep water over alleged misleading conduct; new guidelines offer tips for avoiding gun jumping; and ACCC bleats at goat cheese RPM notification.
Insight 27 Jun 2019

The ACCC alleges that Jump Swim's promotional material contained false or misleading representations that prospective Jump Swim School franchisees would have an operational swim school within 12 months of signing a franchise agreement ...

Licence to infringe: Patent Office grants Sandoz licence to exploit Lexapro® patent
Insight 25 Jun 2019

In the latest chapter of one the longest-running sagas in Australian patent litigation history, the Deputy Commissioner of Patents has retrospectively granted Sandoz a licence to exploit Lundbeck's patent for its blockbuster antidepressant Lexapro® (escitalopram). The licence, only the second of its kind to be granted in Australia, provides Sandoz with a defence to Lundbeck's multi-million dollar infringement claim. ...

Global trade mark update
Insight 25 Jun 2019

There have been significant, and proposed, trade mark law developments across the globe which are likely to inform trade mark portfolio strategy. ...

A grape result – exporter of copycat Penfolds wines ordered to pay
Insight 25 Jun 2019

Companies exporting wine labelled with the Chinese equivalent of Australia's famous Penfolds brand have been ordered to pay more than $350,000 in damages for trade mark infringement. ...

IP insurance: are you sure it's too expensive?
Insight 25 Jun 2019

IP disputes can be costly. One way firms can manage this risk is to obtain IP insurance. Once regarded as too expensive to work, recent developments in the market suggest that, for smaller businesses in particular, protection may now be more affordable. ...

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