Mallesons Stephen Jaques
Mallesons Stephen Jaques - Australia's leading law firm and a leading law firm in Asia
"Mallesons' commitment to excellence ensures that it comfortably retains its crown as the leading Australian firm." PLC Which Lawyer? Global 50, 2009
Further changes to Australian Employee Share Scheme rules announced - 1 July 2009
The Assistant Treasurer has issued a press release and policy statement (Press Release) setting out the Government’s “final” tax treatment of shares and rights acquired under employee share schemes. The Press Release contains some welcome changes from the initial proposal and the consultation paper and draft legislation that was released on 5 June 2009.
China regulates virtual currency transactions - 30 June 2009
China’s Ministry of Culture and Ministry of Commerce jointly issued new regulations prohibiting the use of virtual currency to purchase real goods and services. The Notice on Strengthening the Administration of Virtual Currency in Online Games is particularly relevant to online game providers and aims to prevent virtual currency transactions from affecting real-world financial systems.
Unfair Contracts Bill: implications for financial services providers - 30 June 2009
Financial services providers will be regulated under a proposed national unfair contracts regime (“regime”) from 1 January 2010. The regime will apply to new contracts entered into after 31 December 2009, and also affect contracts that are varied after that date (but only to the extent of the variation). The first step will be to identify the affected products and services.


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