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The Personal Property Securities Bill and the Personal Property Securities (Consequential Amendments) Bill 2009 were passed by Parliament on 26 November 2009 and are awaiting assent.
The new law will set up a national register of personal...
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has released draft legislative amendments to provide a free superannuation clearing house service to small businesses. The measure is designed to reduce the cost to...
One of the most difficult roles of a director is to determine whether the company is insolvent.
ASIC has released a Consultation Paper outlining proposed guidance to directors on their duty to prevent insolvent trading: Consultation Paper 124...
AUSTRAC has accepted an enforceable undertaking from PayPal Australia Pty Ltd after an assessment of PayPal revealed deficiencies in the systems PayPal had in place to assess and manage its money laundering and terrorism financing risk in relation to...
