All Australia articles
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PremiumDe-risking trend threatens global financial markets, Treasury official warns
As the United States and other Western countries turn the screws on criminals, hackers, terrorist organizations, and sanctions evaders attempting to access global financial markets, financial institutions could respond by reducing their connections to risky sectors, according to Treasury Under Secretary Brian Nelson.
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ArticleAsia Pacific compliance: Five tips for practitioners based outside the region
Communicating the variances of Asian regulatory policies could mean the difference between progress or failure. One of our former Top Minds offers companies five tips for avoiding a regulatory disaster within a multinational organization.
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Blog
Australia rolls out real-time payments
Australia has publically launched its New Payments Platform, a landmark payments industry initiative designed and constructed to fundamentally improve how consumers, companies, and governments transact with one another.
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ArticleAustralia mulls Modern Slavery Act
‘Land Down Under’ formalizes efforts to attack supply chain slavery issues and human trafficking.
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Blog
Shark bites shark: Publicly-traded law firm on receiving end of securities class action
Bruce Carton reports on the case of Slater & Gordon and how professional courtesy couldn’t keep rival plaintiffs’ law firms from filing a securities class action against the struggling law firm.
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Article
Australia brings first criminal cartel prosecution
As Australia gets serious about enforcing its antitrust regulations, multinationals operating in the country are learning the hard way that the line between being considered a monopoly and a criminal cartel is surprisingly thin. Jaclyn Jaeger has more.
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Article
Australia bolsters antitrust enforcement
Australian regulators are aggressively enforcing that nation’s competition laws, demonstrated by a wave of significant enforcement actions reached in just the last couple of months. Multinationals with operations in Australia should heed the warning. Jaclyn Jaeger has more.
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Blog
ASIC announces record sentence in Xiao insider trading case
The Australian Securities and Investments Commission announced that Hui Xiao, a former managing director of Hanlong Mining, was sentenced today to a total of 8 years and 3 months for insider trading -- the longest sentence ever imposed in Australia for that crime. The Xiao case is a nice success ...
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Blog
Sharks Dispense with Professional Courtesy, Circle Slater & Gordon
I joked here earlier this month that perhaps "professional courtesy" might spare publicly traded law firm Slater & Gordon -- a major player in pursuing cases for plaintiffs in Australian securities class actions -- from ending up on the receiving end of a shareholder class action. Alas, that is ...
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Blog
Australian Stock Trader Tries Out 'Costanza Defense' in Sentencing Hearing
Australian stock trader facing sentencing for insider trading channels his inner George Costanza ("Was that wrong? Should I have not done that?")