Publication | January 2017
Firstly, we are pleased to introduce Kathy Krug (Calgary, Canada) and Shane Bilardi (Melbourne, Australia), our new jointly appointed Global Food & Agribusiness co-leaders and co-editors of Cultivate.
In this, our twelfth issue of Cultivate, we focus on the possible effects of Brexit on the food and agribusiness sector. This includes analysing the EU’s finalisation of the MiFID II and MiFIR packages, exploring the merger control implications of Brexit and reviewing the funding available to the UK’s agricultural sector once it is no longer part of the EU’s Common Agricultural Policy. We also delve into the potential implications of Brexit’s impact on the UK’s relationship with Africa including agricultural exports.
Other highlights in this edition include an examination of the possible introduction of pre-harvest crop receipts in Africa and a review of the numerous consumer class actions against the US sugar industry.
Global law firm Norton Rose Fulbright announced today that, after three years of ground-breaking project counsel in Myanmar, a new insolvency and restructuring framework has been established by the enactment of the Insolvency Law 2020.
In these cases, the High Court considered the intersection between being Aboriginal Australian and that of ‘alien’ within the meaning of section 51(xix) of the Constitution.
The months of December 2019 and January 2020 have proven to be a busy time for our Government and regulators, with significant changes and proposals for the funds and financial service sector. In particular, Treasury have released 17 bills in response to 22 recommendations made by Commissioner Hayne in the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission), as well as ASIC releasing draft guidance for industry consultation on the new product design and distribution obligations.
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