Showing 36 out of 359 results
The final Senate report on Australia as a tech and finance hub – An opportunity missed
The Senate Select Committee on Australia as a Technology and Financial Centre produced its Final Report on 20 October 2021 which supplements its …
Insurer confirmed to have waived its rights goodbye
By a 2-1 majority, the Full Court of the Federal Court has upheld last year’s decision to treat an insurer’s confirmation of coverage as being bindingBy …
Herbert Smith Freehills advises TAL on A$900m life insurance acquisition
Herbert Smith Freehills is advising TAL on the acquisition of 100% of Westpac’s Australian life insurance business for A$900m.The sale includes a 20-year …
COVID-19 Insurance Update: Insurers’ win round one in Star Casino claim based on loss resulting from action by authorities
The Chief Justice of the Federal Court has dismissed an insurance claim by Star Casino for its COVID-19 related business interruption losses.The claim …
New ISO whistleblowing guidelines: implications for Australian and global businesses
New guidelines for whistleblower management systems have been recently released by ISO (the International Organisation for Standardisation) (ISO …
How much detail of potential claims is needed prior to renewal?
When it comes to renewing “claims made and notified” policies (such as D&O insurance and Professional Indemnity), policyholders must be careful to …
Herbert Smith Freehills Advises Joint Lead Managers on ANZ’s A$1.5 billion Capital Notes 6 Offer
Herbert Smith Freehills is proud to have advised the Joint Lead Managers of Australia and New Zealand Banking Group Limited’s (ANZ) offer of ANZ Capital …
Amendments to the General Insurance Code of Practice – Will they achieve a more policyholder-friendly approach by insurers?
The new General Insurance Code of Practice came into effect on 1 July 2021, amending the 2015 version which was first introduced in 1994. The changes …
Changes to Significant Investor Visa regime
Fund managers operating SIV compliant funds should take note of key changes from 1 July 2021. Changes to the Significant Investor Visa regime came into …
Covid-19 Insurance update: Another win for Australian policyholders
Insurers have long maintained that pandemics are not covered under business interruption policies. Can the industry hold the line?Policyholders have had …
Amendments to Australian Anti-Money Laundering and Counter-Terrorism Financing Laws have now come into effect
A series of long-awaited amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (AML/CTF Act) and related legislation has …
ASIC’s consultation on regulator guidance closes as financial service and credit licensees prepare for Australia’s breach reporting reforms
In April of this year, we wrote about draft guidance released by the Australian Securities and Investments Commission (ASIC) on the significant impending …
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