Safe Harbour – Common Questions and Misconceptions
Cometh the crisis, cometh the legislation The much talked about safe harbour provisions of the Corporations Act 2001 (Cth) are about to be finally put to the test as a result of the current unprecedented crisis impacting many Australian businesses. From a high level the safe harbour regime is designed to encourage directors in distressed […]
Employee Share Plans – practical considerations in uncertain times
In the broader context of business planning, capital raising and generally adapting to the economic shock of COVID-19, re-assessment of existing employee share plans should be pro-actively managed, to ensure the implications of workforce reductions are fully understood and key personnel are appropriately engaged to remain fully on board for the journey. In this fourth […]
Key obligations under AML/CTF legislation for financial services providers
Are you providing a designated service under the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act? Is your board of directors and senior management comfortable with your AML/CTF risk management systems and processes? Are you complying with your obligations under the AML/CTF Act? If you are providing financial, gambling, bullion or digital currency exchange services (ie […]
