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In Touch: ACCC Chair calls for collaboration among regulators across the globe; and other developments
The ACCC moo-ving to enforce compliance with the Dairy Code On 9 May, the ACCC updated its guidance for the Dairy Code of Conduct ahead of the new dairy season and the upcoming 1 June deadline for ...
In Touch: ACCC institutes proceedings against Uber; and other developments
In Touch: ACCC institutes proceedings against Uber; and other developments ...
APRA and AUSTRAC provide risk management guidance in relation to crypto assets
APRA and AUSTRAC provide risk-management guidance in relation to crypto-assets ...
Nucleus – corporate law developments
Welcome to our monthly snapshot of regulatory updates and other developments in corporate law. We know you are busy, so our focus is on capturing key issues. ...
Class closure – the door remains ajar
The Full Court of the Federal Court has held that group members in class actions may be informed that if they fail to register their claim they could be precluded from participating in any settlement (but remain bound by the proceeding's outcome).1 In reaching this decision, a rift has emerged between the Supreme Court of New South Wales and the Federal Court regarding a key aspect of the case management of class actions. ...
In Touch: ACCC takes Meta to court for scam celebrity crypto ads; and other developments
The latest in competition and consumer law ...
Should the Takeovers Panel have jurisdiction over schemes?
On Friday, the government released its long awaited consultation paper on a proposal to transfer jurisdiction over schemes which effect a control transaction to the Takeovers Panel. This proposal was originally foreshadowed in last year's budget, and the government is seeking feedback on the proposal by 3 June 2022. ...
Full Court weighs in on shareholder class actions re-enlivening Worley class action
The Full Court of the Federal Court has allowed an appeal by shareholders in the class action against Worley Limited, finding that the primary judge’s dismissal of the case must be set aside and remitted to a single judge for determination in light of the Full Court's reasons. ...
ACCC 2022/2023 enforcement priorities
'Green' claims, misleading conduct online, disruptions to supply chains, exclusive contracting, digital platforms and essential services will all be a focus in 2022/2023. The ACCC is also advocating for significant changes to the consumer law and the current merger regime. ...
Seeking cover under pressure
Over the past decade, there has been a significant increase in the pace and scale of regulatory investigations and enforcement activity, including a spate of high profile royal commissions and inquiries into potential wrongdoing by institutions, companies, and their directors and officers. ...