The $18.5 million fine imposed on Telstra by the Federal Court for breaching the Trade Practices Act and Telecommunications Act should put all business on notice to get their internal compliance systems in order.
28 Jul 2010
General and life insurers in Australia could face changes to the required and eligible capital standards, following the release of technical papers by the Australian Prudential Regulation Authority (APRA) for public comment.
14 Jul 2010
Professional indemnity insurance is usually underwritten on a claims made basis - but what is a "claim"? The NSW Supreme Court has reaffirmed the importance of looking to the policy for the answer (Dimitra Cassidy v Eric J Leslie [2010] NSWSC 742).
12 Jul 2010
The Singapore International Arbitration Centrehas released a revision of its SIAC Arbitration Rules (SIAC Rules), which took effect on 1 July 2010.
8 Jul 2010
The latest tranche of reforms to Australia's credit laws has been released for public comment.
7 Jul 2010