Welcome to Regulator for April 2010. The regulatory landscape continues to evolve rapidly and Mallesons has been busy briefing clients on a range of domestic and global regulatory initiatives that will have implications for the future operation of the Australian financial services sector.
This month we provide an update on the latest developments on Personal Properties Securities reform, which will result in significant changes to secured transactions and lending practices. In other articles, Jim Boynton and Mark McFarlane provide updates on funds industry reform while Michelle Levy reviews the changing environment arising from the Cooper review of superannuation.
Beijing-based partner, David Olsson, examines the implications of increased China outbound investment for Australian regulators and Amanda Bodger and Caroline Coops report on the new civil penalties for investor and consumer protection breaches, the new enforcement powers for regulators and the national unfair terms regime.
We hope you enjoy this edition of Regulator.
Best wishes
Martin James
Head of Banking and Finance
Signpost
Clients again vote Mallesons as market leader
Mallesons Stephen Jaques has been reaffirmed as Australia’s premier law firm by BRW Magazine, in announcing the firm’s win in the 2010 BRW Client Choice awards.
For the second year in a row, Mallesons has received the “Best Large Law Firm” award.
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Mallesons tops Q1 M&A league tables
Mallesons Stephen Jaques has topped both the Thomson Reuters and Bloomberg Q1 M&A league tables by value for announced deals and ranked ahead of its Australian competitors across a number of jurisdictions.
Bloomberg ranked Mallesons first by value for Australia and NZ with deals valued at US$8.96 billion in the period Jan-March 2010. Thomson Reuters also ranked Mallesons first by value for Australia and NZ with deals worth US$13.7 billion and a 45.8 per cent market share.
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