Publication
“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Australia | Publication | February 04, 2019
By way of update to our previous article (which can be found here),1 the Building and Construction Industry Security of Payment Amendment Act 2018 (NSW) (Amendment Act) was assented to on 28 November 2018. A commencement date for Amendment Act has not yet been declared.
Since receiving Royal Assent, the Department of Finance, Services and Innovation has issued a paper entitled “Security of Payment Reforms – Implementation, Options Paper – December 2018” (Paper).2 The Paper sheds further light as to the operation of certain amendments introduced by the Amendment Act, outlines proposed commencement options for those reforms, outlines proposed reforms to the Building and Construction Industry Security of Payment Regulation 2008 (NSW) (Regulation) and seeks stakeholder feedback as to these proposals.
The key information from our review of the Paper is as follows:
Interestingly, the Paper invites stakeholder feedback as to whether any specific reforms in the Amendment Act ought to have retrospective effect.
We will continue to keep you abreast of further developments in relation to the Amendment Act.
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
In this edition of Regulation Around the World we review recent steps that financial services regulatory authorities have taken as regards investment research.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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