Newsletter

Latest news & updates

  • New powers for ASIC boost fines, jail time for white collar crime

    19/02/2019

    As a result of new powers, ASIC will be able to pursue significantly larger fines and jail time for businesses and their leaders across the financial sector. The Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Bill 2018 implements recommendations of the ASIC Enforcement Review Taskforce by amending the Corporations Act 2001, ASIC Act 2001 as well as the National Consumer Credit Protection Act 2009 and Insurance Contracts Act 1994. The Act has now passed and is awaiting assent. 

    Read more
  • Prepping for Modern Slavery Act reporting requirements ahead of FY19-20

    19/02/2019

    On 29 November 2018, the Modern Slavery Bill 2018 was passed in parliament, requiring large organisations (of $100m revenue or more) doing business in Australia to report annually on any modern slavery issues in their operations, or their supply chain. The statements will be publicly available on a central register maintained by the Commonwealth.

    Read more
  • Aged Care Royal Commission takes strong stance to protect whistle-blowers

    05/02/2019

    On January 18, the Royal Commission into Aged Care Quality and Safety opened in Adelaide. Commissioners Richard Tracey and Lynelle Briggs outlined how their investigation would operate – issuing strongly worded warnings to anyone attempting to interfere with any witnesses looking to come forward.

    Read more
  • New Guidance from AASB on Climate Change Financial Reporting

    05/02/2019

    The Australian Accounting Standards Board (AASB) working with the Auditing and Assurance Standards Board (AUASB), has now released guidance around the “Climate-related and other emerging risks disclosures: assessing financial statement materiality using AASB Practice Statement 2” to guide organisations in their financial reporting around the impacts of climate change.

    Read more
  • Tactics to manage regulatory change

    18/12/2018

    The ability for an organisation to deal with regulatory change effectively and efficiently is paramount to an effective compliance and risk management program. Managing this process can be a challenge depending on the size of the organisation, its geographic breadth, industry, and business. Organisations should be pragmatic and leverage solutions to help implement new and changing regulations to make this process less cumbersome. 

    Read more
  • Legal frontiers: AI to ethics

    by LexisNexis
    05/12/2018

    AI has already begun to revolutionise the way we live our lives and the way we work — and as this technology becomes more integrated with our everyday activities, we need to cast our eyes to the future to ensure this ongoing development maintains ethical standards and provides benefit for all.

    Read more
13 - 18 of 445