Jessica Laverty

Sep 11, 2024 | lexology.com | Jonathon Ellis |Jessica Laverty |Jonathan Tay

Our team earlier this year published an article on the new offence of failing to prevent foreign bribery and the corporate defence to the offence if a company can show it had ‘adequate procedures’ in place to prevent the commission of foreign bribery by its associates. The Department of Attorney-General (DAG) has recently published final guidance on what steps corporations can to ensure it has ‘adequate procedures’ in place.

Jun 21, 2024 | twobirds.com | Jessica Laverty |Jeremy Maybloom

In February, we wrote about the Federal Court decision in Australian Securities Investment Commission v Web3 Ventures Pty Ltd [2024] FCA 64 which was the first judgement obtained by ASIC against a crypto business –Block Earner. The Court found that Web3 Ventures (Block Earner) contravened the Corporations Act 2001 (Cth) by carrying on a financial services business without holding an Australian Financial Services Licence, and by operating an unregistered managed investment scheme.

May 30, 2024 | lexology.com | Hamish Fraser |Shariqa Mestroni |James Hoy |Jessica Laverty

The rapid advancement of generative AI means that it is high on the agenda in Australia and globally. Like any disruptive technology, generative AI has unleashed a wave of opportunities and challenges for individuals and businesses in the retail industry.

Mar 8, 2024 | lexology.com | Jonathon Ellis |Jessica Laverty

Australia has finally, after two failed attempts, strengthened its laws for prosecuting foreign bribery by body corporates. The legislation was introduced to the House of Representatives on 22 June 2023, and the Australian Parliament enacted the legislation on 29 February 2024.  The expanded regime aims to address a long-criticised absence of a foreign bribery offence of the type found in other developed nations like the United Kingdom and the USA for failing to prevent bribery.