Dealing with regulators in Australia: compulsory processes and examinations
Australian regulators have a range of compulsory information gathering powers. If your organisation is under surveillance or facing an investigation relating to a suspected breach of the law, you may be required to submit documentation and information, attend questioning and provide reasonable assistance.
Privacy reforms for a digital age
The government has delivered the next step in the ongoing Privacy Act Review by releasing the exposure draft of the Privacy Legislation Amendment (Enhancing Online Privacy and Other Measures) Bill 2021 and Privacy Review Discussion Paper.
COVID Vaccination Mandates: Consultation is key in BHP Case
On 3 December 2021, the Full Bench[1] of the Fair Work Commission handed down its long-awaited decision[2] about whether BHP’s Site Access Requirement, as implemented by a member of the BHP Group, Mt Arthur Coal Pty Ltd (Mt Arthur), was a lawful and reasonable direction. While the Full Bench noted that the vaccination mandate could have been …
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Global trends in competition law regulation of mergers and acquisitions
There is no doubt that the international competition law landscape is changing. While calls for increased regulation of ‘big tech’ frequently make headlines, there is a broader shift in competition regulation occurring, which will affect companies across all industries. Regulators worldwide have intensified scrutiny of proposed mergers and acquisitions, and Australian businesses are unlikely to …
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Treasury consults on exposure draft legislation on foreign financial service provider exemptions
On 20 December 2021, the Department of the Treasury of the Australian Government (Treasury) released the Treasury Laws Amendment (Measures for Consultation) Bill 2021: Licensing exemptions for foreign financial service providers exposure draft legislation (Amendment Bill) on the new proposed exemptions for foreign financial service providers (FFSPs). The exemptions contained in the Amendment Bill are designed to …