Modern Slavery Reporting for Commonwealth Procurement
May 16, 2018
Growing global regulatory oversight and increased pressure on the Australian Securities and Investment Commission (ASIC) to take punitive action means that 2018 is to likely to be a year fraught with new and greater risks for Australian executives.
May 02, 2018
The Chair of the Foreign Affairs and Aid Sub-Committee, Mr Chris Crewther MP, yesterday tabled the Joint Standing Committee on Foreign Affairs, Defence and Trade’s (Committee) Inquiry Report seeking to address the scourge of modern slavery in Australia and abroad (Report).
December 08, 2017
The risk of modern slavery occurring in the operations of financial institutions is considered low, however, they all have supply chains, which carry greater risk, and are also under pressure to address modern slavery risks in their lending and finance activities.
October 06, 2017
The construction and real estate development industry is one of the most vulnerable sectors to modern day slavery. The risk arises both in the operations of businesses in this sector and in their supply chains. Despite the high risk of modern slavery in this sector, statistics reflect a low level of awareness of the issue.
September 05, 2017
The Australian Government’s commitment to introduce regulation to tackle modern slavery is now beyond doubt with the proposed introduction of new legislation.
August 16, 2017
Commercial enterprises continue to be challenged by ever-changing risks and competitive pressures. Crowdfunding and brand bashing have some businesses confounded. From artificial intelligence to global cyberattacks, disruptive technology tops most risk management agendas.
July 04, 2017
As many jurisdictions, including Australia, set about strengthening their bribery and anti-corruption laws, multinational insurers and insurance brokers need to consider the bribery and corruption risks to which they are vulnerable when venturing into Asian markets.
April 26, 2016
Welcome to a bumper issue of Norton Rose Fulbright in Australia's Insurance Update. We start off with an annual review of the issues facing insurers underwriting...
March 11, 2016
What’s an ‘act’ for the purposes of s54 of the Insurance Contracts Act 1984? The WA Court of Appeal provides an answer in Allianz v Inglis  WASCA 25.
February 23, 2016