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Need to know: actual knowledge key to invoking whistleblower protections

Need to know: actual knowledge key to invoking whistleblower protections

Australian whistleblower protections now apply to disclosers who have ‘reasonable grounds to suspect’ that the information disclosed concerns misconduct, or an improper state of affairs or circumstances in...

04 March 2021

Briefing note for state of emergency in Myanmar

On February 1, Myanmar’s military-owned Myawaddy TV announced that a state of emergency would be imposed in accordance with Articles 417 and 418 of the 2008 Constitution of...

05 February 2021

Climate change litigation in Australia: Legislative and legal pressure build.

Recent political, legal and legislative developments mean that pressure on Australian companies to address climate risk has never been higher.

09 November 2020

Case dismissed: aggrieved investor fails in class action against Worley

In a highly anticipated judgment, the Federal Court of Australia has dismissed a securities class action brought against Worley Limited (Worley) alleging breaches of continuous disclosure laws and...

22 October 2020

Replacing IBORs in derivatives: there’s a protocol for that

Ahead of the expected cessation of the London Inter-bank Offered Rate (LIBOR) at the end of 2021, along with the possible discontinuance of other key inter-bank offered rates...

22 October 2020

Certainty for liquidators and secured creditors in paying employee entitlements from secured assets

A recent decision of the Federal Court has confirmed that a secured creditor who consents to employee creditors being paid out of the charged asset pool is entitled...

20 October 2020

Freeing up lending - overhaul of responsible lending obligations

On Friday 25 September 2020 the Treasurer Mr Josh Frydenberg announced significant reforms to the responsible lending obligations in the National Consumer Credit Protection Act 2009.

25 September 2020

Certainty for foreign financial services providers – at last!

Foreign financial services providers (FFSPs) now have certainty about their Australian financial services (AFS) licensing position.

12 March 2020

Building on the Consumer Data Right to grow Australia’s digital economy

With Australian banking customers soon able to take control of sharing their banking data using the Consumer Data Right (CDR), the Australian Government is looking to the CDR’s...

09 March 2020

Consumer Data Right: The long road to accreditation

Now is the time to engage with the Consumer Data Right participant accreditation process if your organisation wants to be in a position to receive CDR data on...

18 February 2020

The new data economy is approaching: Open Banking mandated to start from 1 July 2020

The legal framework is now in place for the start of the CDR in the banking sector. The timeframes for responding to requests for consumer data have...

11 February 2020

Treasury’s proposals for a new Financial Accountability Regime

This article was written by Diana Nicholson, Tim Bednall and Rebecca Williams.Treasury has released a Proposal Paper for the Financial Accountability Regime (“FAR”).  When legislated, FAR will impose...

03 February 2020

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