Gilbert + Tobin

Yesterday, ASIC and APRA released a comprehensive information package for insurance and superannuation entities. With the Financial Accountability Regime (FAR) commencing on 15 March 2025, the finalised rules and information package (which contain the final list of key functions) provides welcome certainty for entities undertaking their FAR implementation projects. Silvana Wood, Chris Whittaker, and Janina Del Rosario break down the key points and what they mean for the industry. https://lnkd.in/giJYsvW6

We are honoured to be finalists at the Lawyers Weekly Australian Law Awards 2024, nominated for Innovator of the Year (firm), Government Team of the Year, and Dispute Resolution Team of the Year. A huge congratulations to our standout individuals: Linda-Rose Daya, finalist for Legal Operations Professional of the Year. Lucy Hall, finalist for Special Counsel of the Year. #AustralianLawAwards #LawyersWeekly

We are delighted to have advised West African Resources Limited on its approximately A$150 million placement, supporting development activities at the Kiaka Gold Project. Corporate Advisory Partner Sarah Turner led the deal for G+T, supported by Janelle Sputore, Sarah Urquhart and Adam Sibum. https://lnkd.in/g4uNNwxS

This week in Melbourne, George Varma led a panel on the topic of Navigating Uncertainties of Offtake and Banking for Hydrogen Projects, highlighting the transformative potential of hydrogen technologies.

Last month a new offence of industrial manslaughter was introduced into the Work Health and Safety Act 2011 (NSW). Dianne Banks, Tom Brett, James Pomeroy and Maria P. Markoulli discuss the key changes to the WHS Act and the penalties that apply. https://lnkd.in/gNadNyus

We have advised CRH on its acquisition of a majority stake in Adbri Limited, by way of a scheme of arrangement, giving Adbri an implied equity value of A$2.1bn. Karen Evans-Cullen and Wes Bainbridge led the deal, with support from Mitch Frankland, Jasmine Haddad, Hiroshi Narushima, Louise Klamka, Philippa Hofbrucker, Alexandra Whitby and Jess McGuirk. https://lnkd.in/gwdN2pPp

This week, the ACCC published a draft guide on sustainability collaborations and Australian competition law for consultation. Partners Ilona Millar and Jeremy Jose, and lawyers Kelvin Ng, Felicity Lee and Lily Morton take us through the competition law risks of sustainability collaborations and the authorisation process, including the guidance, examples and case studies provided by the ACCC. https://lnkd.in/gxyfdK7R

We celebrate the Restructuring + Insolvency team's standout year with some of their top deals from the 2023-2024 period. Congratulations Peter Bowden, Orla McCoy and Anna Schwartz on an exceptional year.

In this edition of G+T's Super Vision Luke Barrett focuses on greenwashing, summarising the top three takeaways from the recent Federal Court judgments, including ASIC's cases against Vanguard and Active Super.

To lay down a scientific baseline for global action on AI governance, the UK and South Korean Governments are sponsoring an international expert panel on AI safety. In the second of a three part series on the panel’s interim report, Peter Waters discusses the panel’s fresh perspectives on well-known AI risks and other less discussed risks it seeks to elevate in urgency, including a shift in wealth from the workforce to capital owners. https://lnkd.in/gCh_RRem