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APRA consults on Hayne recommendation concerning end-to-end product responsibility – the right tool for the job?
Insight 18 Jul 2019

APRA has announced a consultation on a proposal to create a new 'end-to-end product' responsibility within the Banking Executive Accountability Regime ( BEAR ). The intention is that for every ...

Navigating split dispute resolution clauses – where's Google Maps when you need it?
Insight 15 Jul 2019

A recent Supreme Court of Victoria decision sounds a warning to principals and contractors alike – your dispute resolution clause must be clear and unambiguous, because the court will not go out of ...

Diagnostic methods remain patentable in Australia
Insight 15 Jul 2019

In good news for biotech innovators, the Federal Court has confirmed diagnostic methods remain patent-eligible subject matter in Australia. The Federal Court's highly anticipated decision in ...

Hydrogen – what you need to know
Insight 12 Jul 2019

The COAG Energy Council Hydrogen Working Group continues its work on the National Hydrogen Strategy, with the release of its issues papers series. The nine papers are a fascinating look at the ...

Revised Banking Code of Practice, innovation at the ASX and other corporate law developments
Insight 12 Jul 2019

ASIC continues its focus on strengthening corporate regulations; ASX embraces innovation and tech-based solutions; FIRB application fees have increased from 1 July 2019; delays to the release of th ...

Singapore Convention on Mediation: a step towards easier enforcement of international settlements
Insight 11 Jul 2019

On 7 August 2019, the United Nations Convention on International Settlement Agreements resulting from Mediation (the Convention ) will be open for signature. It will come into force six months afte ...

What you need to know about the draft Equator Principles 4
Insight 11 Jul 2019

Lenders (and project sponsors) should consider the potential impact of changes proposed in the consultation draft of Equator Principles 4. These entail greater focus on climate change, human rights ...

Fake Indigenous art leads to $2.3 million penalty; ACCC allegations of misleading claims are dismissed against Kimberly-Clark's 'flushable' wipes; and Woolworths' Select eco range passes the 'biodegradable' muster.
Insight 10 Jul 2019

Fake Indigenous art leads to $2.3 million penalty The Federal Court has imposed a $2.3 million penalty on Birubi Art Pty Ltd for engaging in misleading or deceptive conduct about products it sold, ...

Would you like financial services with your social network? Facebook consortium to launch new cryptocurrency
Insight 09 Jul 2019

In a bold new play, a consortium led by social media giant Facebook has announced plans to enter the financial services sector through the launch of a cryptocurrency called Libra. Both a currency a ...

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 ...

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