Finally, the Australian Government has initiated the long-waited for Tranche 2 reforms to its anti-money laundering regime with considerable fanfare.
The Full Court of the Federal Court of Australia has dismissed an application made by Optus for leave to appeal the first instance decision by Justice Beach. In this article, we consider the key...
After reforms to Australia’s foreign bribery regime were first proposed by the Turnbull Government in 2017, the Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 2024 (Cth) (CFB Bill...
In the first case of its kind in Australia, the Federal Court of Australia held that Rio Tinto-backed Queensland Alumina Ltd was correct in interpreting and applying the sanctions imposed by the...
The Federal Court of Australia has held that an expert forensic investigation report prepared by Deloitte Touche Tohmatsu (Deloitte) for Optus in the aftermath of its September 2022 cyber attack...
High Court of Australia expands concept of a “benefit” for civil penalty and criminal sentencing principles – larger corporate penalties are on the way!
The Australian Government has finally re-enacted a Bill to reform important parts of Australia’s foreign bribery laws, many years after the Australian Senate and numerous parliamentary committees...
The Australian Securities and Investments Commission (ASIC) has sent a strong message to companies and their officers that it is starting to enforce whistleblower protections in its first case...
Following a number of recent cases in which parties have incorrectly claimed legal professional privilege (LPP) over documents to be produced for regulatory proceedings or investigations, and...
Following Russia’s invasion of Ukraine, a range of democratic nations including Australia, have been quick to impose sanctions on Russia, its president and his assumed associates.
Sergei Magnitsky was a Russian tax accountant. In 2008, while working with Bill Browder and his Hermitage Capital investment fund, he accused Russian tax officials and Russian law enforcement of a...
On 26 November 2021, the OECD Working Group on Bribery (WGB) adopted a revised Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business...
Consultant, Robert Wyld and Associate, Lara Douvartzidis have written the Australian chapter on sanctions law.
Despite the COVID-19 conditions that exist around the world, activities in the commercial crime space continue along.
Anti-bribery laws in Australia are divided between Commonwealth laws applying both within and to some extent outside Australia, and State and Territory laws applying within each State and Territory.
Last week, in Glencore v Commissioner of Taxation [2019] HCA 26 the High Court of Australia unanimously affirmed the status of Legal Professional Privilege (LPP) as merely an immunity from the...
This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, commercial crime, investigations and regulation to 19 December 2018.
This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, investigations and regulation to 1 May 2018. These developments will impact on...
Lawyers and business need to appreciate that the risks of disclosure are greater now than ever before.
All companies, however large or small, will need to comply with these proposed laws when (rather than if) they are enacted.
Important developments in Australia and overseas in foreign bribery policy, investigations and regulation to 20 May 2016, including international the role of intermediaries in Unaoil and the Panama...
This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, investigations and regulation to 1 April 2017. These developments will impact...
This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, investigations and regulation to 1 December 2015. These developments will...
This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, investigations and regulation to 1 September 2015. These developments will...
This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, investigations and regulation to 1 April 2015. These developments will impact...