From allens.com.au: This report outlines potential pitfalls in consumer law, with a focus on the importance of transparency and effective communication when altering service levels.… read more
From gtlaw.com.au: The April 2025 Corporate Advisory Update outlines recent regulatory updates from ACCC, ASIC and APRA, enforcement trends, court rulings and proposed legislative changes.… read more
From bdo.com.au: This guide provides a comprehensive roadmap for companies preparing for voluntary deregistration, outlining the requirements set by ASIC, the process to follow, and the post-deregistration procedures.… read more
From gtlaw.com.au: This week’s regulatory recap details ASIC’s legislative updates, including the expiration of Instrument 2022/805 and the reissuance of Regulatory Guide 253.
It also highlights operational risk concerns for ASX, the launching of a new digital AFS licence portal, enforcement actions in anti-money laundering, ACCC’s proposed provisions for the Banking Code of Practice and key actions by ASIC and APRA.… read more
From www.claytonutz.com: Australia will implement a ban on the import, export, use, and manufacture of three types of PFAS: PFOS, PFOA, and PFHxS, effective from July 1, 2025.… read more
From allens.com.au: New merger regime implementation approaches, including notification thresholds and requirements, are under consultation in Australia.
The process involves pre-notification with the ACCC, review and approval processes, and transitional arrangements, with continuous updates and revisions expected based on feedback.… read more
From gtlaw.com.au: Regulatory bodies in Australia are intensifying their scrutiny leading to a surge in active investigations and court outcomes, risking concurrent inquiries into the same incidents.… read more
From gtlaw.com.au: ASIC has published Regulatory Guide 280 on sustainability reporting, outlining requirements and guidance for entities, with emphasis on climate-related financial information.
The Federal Court of Australia dismissed a whistleblowing and misleading conduct claim by Professor Shaun Jackson against his former employer, highlighting the importance of clear board minutes in such legal contexts.… read more
From www.cglaw.com.au: Australia’s recent privacy law reforms include a mandatory data breach reporting scheme and increased penalties for data breaches, driven by significant incidents at Optus and Medibank.… read more
From www.claytonutz.com: Superannuation boards must respond to industry-wide cyber breaches by viewing cyber risk as a strategic issue, initiating post-incident reviews, and improving crisis communication protocols.… read more
From www.claytonutz.com: The ACCC has released an exposure draft of merger notification regulations, including new thresholds requiring notifications for acquisitions above certain GST turnover levels.… read more
From www.bartier.com.au: The 2025 Banking Code of Practice introduces significant changes aimed at enhancing consumer protections, including an increased threshold for small business eligibility from $3 million to $5 million in total debt.… read more
From www.klgates.com: On 1 January 2025, intentionally underpaying employees became a criminal offense in Australia, leading to recent changes aimed at further protecting workers and boosting productivity.… read more
From jws.com.au: The 9th edition of the JWS Merger Report analyses recent trends in informal merger clearance decisions by the ACCC that involve a Statement of Issues (SOI).… read more
From mdl.com.au: The Australian government has agreed to key reforms in response to the independent review of the Modern Slavery Act 2018, committing to 25 out of 30 recommendations to enhance corporate accountability in addressing modern slavery risks.… read more