21 May 2019
A new Aboriginal heritage system for WA
In March 2019, the Minister for Aboriginal Affairs released a discussion paper outlining proposals for reforming the Aboriginal Heritage Act 1972 (WA) ( Discussion Paper ). The 31 May 2019 date for lodging a submission in response to the Discussion Paper is fast approaching. Any person with land or...
15 November 2019
The Lloyds/HBOS litigation: The first shareholder class action judgment in England & Wales
The first judgment in a shareholder class action in England & Wales has been handed down by the High Court today in Sharp v Blank  EWHC 3078 (Ch) (also known as The Lloyds/HBOS litigation ).
14 November 2019
Employees’ consent to data processing soon to be made electronic under German data protection law
When it comes to employment-related data processing, employers in Germany are regularly required to obtain consent from their employees by seeking their wet ink signature to be on the safe side. This additional administrative burden may soon be a thing of the past according to the recently approved...
13 November 2019
One year of Model Declaratory Action in Germany – taking stock and outlook
Fuelled by revelations consequent of the Volkswagen diesel emissions technology cases, the German legislator hastily introduced a new law on Model Declaratory Action ( Musterfeststellungsklage ). This denotes an important step by the German legislator into the direction of collective redress in B2C...
12 November 2019
Beneficial Ownership – Implementation, Supervision and Sanctions
If you only hold minority shares in a company, can you be considered a beneficial owner of that company from an Indonesian regulatory perspective? If the answer is “yes,” should your name be reported to the Indonesian authorities? Up to what level of ownership is a company required to disclose the...
12 November 2019
Casting the regulatory net over virtual assets – SFC finalises new regulatory framework for virtual asset trading platforms
On 6 November 2019, the Security and Futures Commission ( SFC ) issued a position paper setting out a new regulatory framework for the licensing of centralised virtual asset trading platforms, following the SFC’s conceptual framework issued last year.
08 November 2019
Seeking closure: how to minimise deal disruption
Mergers and acquisitions are increasingly taking longer to close. This is due in large part to the rapid rise in the number of antitrust regimes around the world and the increased willingness of antitrust regulators to intervene in transactions. Protracted deal timetables also mean that a...
06 November 2019
Abu Dhabi Global Market issues new employment regulations
The Abu Dhabi Global Market (" ADGM ") has issued new employment regulations (the " New Regulations "), which will come into effect on 1 January 2020 and repeal the existing 2015 employment regulations (the " 2015 Regulations "). The New Regulations can be read in full here . This follows hot on...
06 November 2019
To infinity and beyond: The Fairness Doctrine
The implications of the recent Full Federal Court decision in ASIC v Westpac Securities Administration Limited  FCAFC 187 ( ASIC v Westpac ) are far-reaching for the financial services industry. The case is, of course, a significant development in the laws concerning the parameters of general...