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5 Frequently asked Questions about Setting up a Cryptocurrency Exchange in Australia
01 Jun 2021
Sarah Archer
Special CounselAre you thinking of setting up a crypto exchange? Given the number of enquiries we receive on this particular question, we thought it would be useful to set out…...
Read moreBlockchain bricks and crypto cathedrals: a breakdown of the key terms
08 Mar 2022
Sarah Archer
Special CounselThere’s a saying in improv: “Bring a brick, not a cathedral”. While improv and the wonderful world of crypto aren’t comparable, the saying is a good reminder that you don’t…...
Read moreCOVID-19 and Paying the Rent
30 Apr 2020
Tim Dixon
Special CounselCan you get rent relief for your business offices? If your offices are occupied under a commercial lease and your business has been affected by the COVID-19 pandemic, the rent…...
Read moreFederal Government to remove loophole for Buy Now Pay Later providers
26 Jun 2023
Ursula Noye
Senior AssociateThe Federal Government has announced that it will move to regulate Buy Now Pay Later (BNPL) providers under the National Credit Act[1]. The Hon Stephen Jones MP, Minister for Financial…...
Read moreWeathering the Storm: Cybersecurity and managing information in the wake of the Optus & Medibank privacy data breaches
03 Feb 2023
Ursula Noye
Senior AssociateHistorically, businesses have kept documents to 'be on the safe side'. But, as we now see in the wake of last year’s Optus and Medibank data breaches, this approach is not without…...
Read moreYou’ve just suffered a ‘cyber’ incident – What are the legal risks?
02 Apr 2024
Ursula Noye
Senior AssociateAsk Optus. Its 14-hour national outage on 8 November 2023 led to a Parliamentary inquiry, the resignation of its then CEO, and loss of trust across the market. While it…...
Read moreUnconscionable conduct and sales incentives: ASIC v Select AFSL Pty Ltd (No 2)
11 Oct 2022
Ursula Noye
Senior AssociateThe recent findings of unconscionable conduct in the case of ASIC v Select AFSL Pty Ltd (No 2) [1] relate to particularly egregious conduct, which was first uncovered by the…...
Read moreASIC v HSBC: Is “adequacy” enough to manage cybersecurity risk?
20 Dec 2024
Ursula Noye
Senior AssociateWhile Optus and Medibank come to mind when we think of cyber incidents, ASIC is increasingly enforcing its regulatory priority of licensee failures to have adequate cyber-security protections. Think RI…...
Read moreIs AI a threat or opportunity for Australian Financial Services and Australian Credit Licensees, today?
01 Jun 2024
Paul Derham
Managing PartnerFor the time poor readers, here’s the TL;DR. Artificial Intelligence (AI) presents unique regulatory and other risks that need to be managed. The law in Australia today applies to AI,…...
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