From www.klgates.com: On March 28, 2025, the Australian Government released a draft Determination outlining the mandatory merger clearance regime, detailing notification requirements based on the turnover of both acquirers and targets, with specific thresholds for acquisitions.… read more
From www.bwslawyers.com.au: ASIC has issued updated guidance on conducting virtual and hybrid shareholder meetings, emphasizing that virtual attendees must have equal participation rights to in-person attendees.… read more
From alvarezandmarsal.com: (US context) The implications of the DOJ Bulk Sensitive Data Rule, highlighting its focus on preventing access to U.S. sensitive personal data by certain nations and the increased security expectations for companies.… read more
From alvarezandmarsal.com: (UK context) Examines the challenges faced by the motor and asset finance sectors due to undisclosed commissions, with a focus on potential legal and financial risks and the need for more transparency.… read more
From www.bartier.com.au: The Anti-Money Laundering and Counter Terrorism Financing Act will be expanded from March 31, 2026, to include real estate professionals, dealers in precious metals and stones, and various professional service providers.… read more
From pcllawyers.com.au: Implementing and maintaining workplace safety compliance is crucial for employers, as it protects employees, mitigates legal risks, and fosters a positive business reputation.… read more
From www.smsfadviser.com: A recent Federal Court decision highlights the importance of complying with the Corporations Act’s requirement for written director consent during company appointments.
The case demonstrated that failure to maintain updated records with ASIC and validate director appointments could lead to significant consequences, including the potential loss of a family home during insolvency proceedings.… read more
From bdo.com.au: March 2023’s banking failures, including major institutions like Silvergate Bank and Credit Suisse, sparked the introduction of CPS 230, a regulation implemented by the Australian Prudential Regulation Authority to manage operational risk.… read more
From allens.com.au: Australia is set for a significant shakeup of its merger regime in 2026, with the ACCC introducing a single mandatory process, stricter assessment criteria and increased scrutiny on transactions.… read more
From www.bartier.com.au: Estoppel is a legal principle that can prevent a party from denying a previously established fact, highlighted in the case of Reed v National Contracting Services Pty Ltd, where a worker’s claim for surgery costs was evaluated.… read more
From sophiegrace.com.au: This guidance details the criminal offence of ‘tipping off’ under the AML/CTF Act, its impact on investigations, how to manage customer risks, and the conditions for disclosing information to third parties.… read more
From russellkennedy.com.au: The ACCC Merger Reform introduces a new merger control regime effective from 2026, with draft guidelines focusing on data-driven analysis and assessments of market power, competition, and public benefits.… read more
From www.aicd.com.au: Cybersecurity threats are escalating, with a significant rise in vishing attacks and malware-free intrusions, as reported by CrowdStrike, highlighting vulnerabilities in organizations despite improved defenses.… read more
From hallandwilcox.com.au: In March 2025, ASIC began legal proceedings against FIIG Securities Limited for alleged failures in cybersecurity measures that contributed to a data theft incident in May 2023, which resulted in the loss of approximately 385GB of confidential client information.… read more
From worrells.net.au: A Pet Supplies store in Regional Queensland was sold without a signed contract, leading to complications regarding enforceability and outstanding payments.
Despite the lack of formal documentation, the sale was largely considered binding due to verbal agreements and partial payments made.… read more