On 22 January 2020, The Treasury released the Government’s proposed model expansion of the Banking Executive Accountability Regime (BEAR) to all banks, insurance and superannuation entities. The consultation period will run until 14 February 2020. Affected entities need to consider whether they wish to make a submission now, and prepare for the implementation of FAR.
Our Doing Business in Australia guide provides foreign investors with an overview of the Australian business environment, and practical advice on how to go about setting up and doing business in Australia.
The ‘business day’ in a new light As at 29 March 2020, the Morrison Government had announced sweeping shutdowns in response to the COVID-19 pandemic. Pubs and gyms are among those deemed ‘non-essential’ businesses and required to shut down. Businesses which do not fall under this qualification, including banks, remain open. Australians are being advised ...Show more
We service the legal needs of major Australian and multinational clients, as well as small to medium sized enterprises. We have an established reputation as a leading legal service provider to clients in the banking and finance, property and construction and energy and resources sectors. Our areas of practice include corporate advisory and tax, insurance and insolvency, intellectual property and ...Read more