ASIC puts AFS Licensees on Notice Following Landmark Case: Fail to Adequately Manage Cyber Security Risks and Face the Consequences
For the first time in Australia, in Australian Securities and Investments Commission v RI Advice Group Pty Ltd [2022] FCA 496, the Federal Court has found that an Australian Financial Services (AFS) Licensee, RI Advice, has breached its obligations to provide services ‘efficiently, honestly and fairly’ and to have ‘adequate risk management systems’ due to its […]
Are your Convertible Notes an Eligible Venture Capital Investment?
Introduction Investments made by early stage venture capital limited partnerships (ESVCLPs) and venture capital limited partnerships (VCLPs) are afforded special tax treatment for the purposes of the Income Tax Assessment Act 1997 (ITAA 97) provided they meet certain criteria as ‘eligible venture capital investments’ (EVCIs). The eligible venture capital investment requirements allow ESVCLPs and VCLPs […]
Hamilton Locke Appoints Corporate Partner, Michael Lishman
Hamilton Locke has appointed corporate partner Michael Lishman, further bolstering our Melbourne and Perth offices. Michael brings over 30 years’ experience advising on complex M&A transactions and corporate advisory matters across a number of jurisdictions. He brings a breadth of expertise working in various industries including oil and gas, mining, financial services and transportation. Michael […]
Real Estate Markets Quarterly – Autumn 2022
Hamilton Locke is delighted to release the first edition of our Real Estate Markets Quarterly. The quarterly reflects on developments and trends in real estate markets, our observations and predictions for the future.
