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Penalties for breaches of Australian competition and consumer law set to increase
On 18 August 2022, the Commonwealth Government released draft legislation proposing five-fold increases in the maximum penalties that apply to companies …
New ACICA 2021 Arbitration Rules
The Australian Centre of International Commercial Arbitration (ACICA) has unveiled revised Arbitration Rules due to enter into force in April 2021. As …
Consumer Data Right: Expanding the CDR regime
On 30 September 2020, the Australian Competition and Consumer Commission (ACCC) released a further consultation paper concerning the continued expansion …
Can predictive analytics prevent employee misconduct?
The appeal of data tools in unearthing misconduct is clear. So are the risks if employers fail to tread carefullyWith predictive policing and crime …
Digital forensics in investigations and the growing data burden
Businesses will need smarter data collection and management strategies to satisfy regulators The approach to digital forensics in investigations is …
Using big data to fight financial crime
In a regulatory environment which demands ever higher standards for anti-money laundering (AML) compliance, many financial institutions have responded by …
Regulators lead businesses in monitoring of misconduct
As regulators and law enforcement increasingly rely on advanced data analytics for monitoring and surveillance, the risk is growing that they will detect …
Australia's regulators reveal their stance on policing consumer data rights
Covid-19 disruption adds to the challenge facing the banking sector as Australia's new data rights regime looms.The Consumer Data Right (CDR) is …
Yes Minister - Proposed New powers to derogate from the NER
The National Electricity (Victoria) Amendment Bill 2020 (Bill) introduced by the Victorian Government on 18 February seeks to make it easier for the …
The ACCC pilots its first ‘effect test’ in misuse of market power proceedings
On 6 December 2019, the ACCC launched its first enforcement proceedings under the new ‘effects test’ prohibition on misuse of market power. The …
Asia Pacific M&A Review 2019
Herbert Smith Freehills is pleased to announce the publication of its sixth annual Asia Pacific Mergers and Acquisitions Review, offering insights into …
Australian decommissioning discussion paper released
The closure and decommissioning of offshore petroleum infrastructure is a significant issue for all countries that exercise jurisdiction over such …
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