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International Restructuring Newswire
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Global | Publication | January 2019
The financial institutions sector has readily embraced the opportunities presented by technological innovation and disruption and the race is on to maximise growth, often through acquisition.
Norton Rose Fulbright advised Australian-founded Avoka, a leader in digital customer acquisition and on boarding, on its acquisition by Swiss Exchange listed banking software company Temenos AG.
The A$339m (US$245m) acquisition will see the Avoka platform, Avoka Transact, integrated with Temenos’ Digital Front Office product, and will provide Avoka with the resources and scope to further develop on the world stage.
Avoka currently service over 85 customers through a cloud-based SaaS model, and its award-winning technology is used in all banking sectors, including retail, corporate and wealth. Avoka Transact is a digital platform used by financial institutions to create the quickest and easiest account opening and on board customer experience.
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Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
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On 16 April 2024, the Hon Tanya Plibersek MP, the Minister for the Environment and Water (the Minister) announced progress on the package of reforms to the Environment Protection and Biodiversity Conservation Act 1999 (Cth) (EPBC Act).
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The DOJ Criminal Division’s Pilot Program on Voluntary Self-Disclosure for Individuals aims to encourage individuals with potential criminal exposure to voluntarily disclose corporate criminal conduct in exchange for discretionary grants of immunity.
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