News & Insights Legal Updates

Curtain comes down on ASIC licensing exemptions for offshore regulated entities

ASIC has indicated to industry that it will proceed with the proposal in Consultation Paper CP301 to remove the existing AFSL exemption for offshore providers...

Key income tax developments in Australia - November & December 2018

This Bulletin outlines the key Australian income tax developments in the last month affecting your business, including the release of an ATO discussion...

Litigation privilege found not to apply to internal board communications discussing settlement

In a decision that might surprise many, the Court of Appeal has held that emails between board members composed for the dominant purpose of discussing...

Overhauling the investment consultancy sector: The CMA's final report on its market investigation

The Competition and Markets Authority (CMA) has published its final report into the investment consultancy and the fiduciary management markets following...

IP Australia "Rokt" by Federal Court decision on the patentability of computer implemented inventions

In Rokt Pte Ltd v Commissioner of Patents, the Federal Court of Australia has clarified that computer implemented business methods, which solve a technical...

Employment Bites

Employment Update

FATCA Guidance Provides Relief on Gross Proceeds Withholding

On December 13, 2018, the US Treasury Department issued proposed regulations ("Proposed Regulations") under the Foreign Account Tax Compliance Act, commonly...

Prague Rules officially launched: The beginning of a new era in international arbitration?

The IBA Rules, first issued in 1999, have been instrumental in shaping international arbitration procedure where parties from different legal cultures...

Top Ten of 2018

As we approach the end of 2018, we take a quick look back at some of the key cases of the year. 1) Privilege: Litigation privilege was restored to its...

Benchmarks Regulation and the transition from LIBOR: the ISDA 2018 Benchmarks Supplement Protocol is published

On 10 December 2018, ISDA published the ISDA 2018 Benchmarks Supplement Protocol (the "Protocol"). The Protocol is intended to help market participants...

Like, am I liable? Supreme Court considers whether Facebook users are liable for "liking" defamatory posts

Case Note Bolton v Stoltenberg [2018] NSWSC 1518, Facebook "likes" and defamation, Can "liking" something on Facebook attract liability? Court considers...

Sunsets on the West Coast (Model) - A new Security of Payment Act for WA?

On 11 December 2018, the Government of Western Australia released John Fiocco's final report on security of payment reform in the WA building and construction...

EU law allows Member States to reimburse off-label use of medicines

EU law allows Member States to reimburse off-label use of medicines

EU substance approval dossier contains no information related to environmental emissions 

EU substance approval dossier contains no information related to environmental emissions

New actions before the EU Courts

New actions before the EU Courts

Update on a new bill for payments: the New South Wales government passes security of payment reforms

On 28 November 2018, the Building and Construction Industry Security of Payment Amendment Act 2018 (NSW) received assent. The Amendment Act will implement...

FCA - The Grinch that stole CFDs (and other similar products...): FCA proposes permanent measures for retail CFDs and binary options

The FCA has published two consultation papers setting out their proposals for new rules to govern the sale of CFDs to retail clients and proposing intervention...

Without Prejudice

This guide examines the issues that parties to a dispute should consider when seeking to negotiate terms of settlement. The purpose of the without prejudice...

Part 36

Litigation funding