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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In April of this year, we wrote about draft guidance released by the Australian Securities and Investments Commission (ASIC) on the significant impending …
Regulator guidance the latest development in countdown to Australia’s breach reporting reforms
In December last year we wrote of the sweeping changes to Australia’s breach reporting regime that had been passed into legislation by Federal Parliament …
Nanda Lau to lead Herbert Smith Freehills’ China corporate practice 刘依兰将领导史密夫斐尔中国公司事务
Shanghai partner Nanda Lau has been named Herbert Smith Freehills’ new head of the firm’s China corporate practice, effective 1 May 2021.She replaces …
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 …
Major foreign investment reforms in Australia – what you need to know
Significant amendments to Australia’s foreign investment regime commenced on 1 January 2021. Nearly three months after their commencement, we are …
Australia approves sweeping changes to breach reporting regime
In a move with significant implications for Australian financial services and credit licensees (AFS Licensees and Credit Licensees respectively), the …
SFC releases FAQs simplifying compliance with electronic data storage requirements – But is it really as simple as it looks?
The Hong Kong Securities and Futures Commission (SFC) has released its long awaited FAQs regarding its 31 October 2019 circular on the use of external …
Australian foreign investment reform legislation passed by Parliament
The Foreign Investment Reform (Protecting Australia’s National Security) Act 2020 (Reform Act) and the Foreign Acquisitions and Takeovers Fees Imposition …
The ALRC’s proposed “system of conduct offence” – How repeat civil contraventions may have criminal bite
In this briefing we provide a breakdown of what a new “system of conduct” offence could involve and our initial views on implications for corporations in …
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 …
Return of the Innovation Nation? - Australia's Senate issues FinTech findings
The Senate Select Committee has issued its interim report on FinTech and RegTech We chart the path forwardThe Australian Senate’s Select Committee on …
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 …
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