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Class Actions Fireside podcast series
Our series charting group actions in Australia brings you the latest developments in accessible video and podcast formJoin our leading class action …
The devil is in the detail: Federal Court of Australia rejects insurance claim for ransomware attack
Like all forms of insurance, the cover actually provided by policies which might be thought to cover losses arising from ‘cyber risk’ depends on the …
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 …
When notification and disclosure collide
A claim under a Directors and Officers liability policy for investigation, defence and settlement costs has ended with the New South Wales Supreme …
Australian court rejects insurance declinature, highlighting complexity of non-disclosure issues
A recent decision of the New South Wales Supreme Court1 demonstrates the scepticism with which courts will view insurers who say they would have acted …
AUSTRALIAN REGULATOR WINS CASE AGAINST FINANCIAL SERVICES LICENSEE FOR INADEQUATE MANAGEMENT OF CYBER RISKS
For the first time in Australia, the Federal Court has found that a failure to adequately manage cybersecurity risks constitutes a breach of general …
Increased IT security and resilience standards – ASIC imposes new Australian market integrity rules
Corporate regulator introduces fresh rules in drive to strengthen governance and bolster technological resilience.Earlier this month, ASIC introduced …
Covid-19 Business Interruption Insurance – Insurers Win Appeals in Second ICA Test Case and Star Casino Claim
The Full Court of the Federal Court of Australia (3 judges) has generally confirmed the first instance decisions in the Second ICA Test Case1 and the …
Bill proposing civil penalties and other changes to unfair contract terms regime introduced to Parliament
This article was originally published on 3 September 2021 but revised with further updates. On 9 February 2022, legislation amending the unfair contract …
Australia policyholder insurance highlights 2021
Read our assessment of the key lessons for insurance policyholders based on last year’s top cases and market developments. This unique publication …
FSR Outlook 2022: Anticipating change, being prepared
Our Financial Services Regulatory (FSR) team surveys the regulatory landscape for 2022 and identifies themes that we expect to be at the core of …
Climate change: succeed in a net-zero future
The risks associated with climate change go way beyond the purely environmental.In our climate change briefing we consider at a high level the political, …
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