
Publication
International Restructuring Newswire
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Australia | Publication | March 2024
Penalties for many environmental crimes will double under the Environment Protection Legislation Amendment (Stronger Regulation and Penalties) Bill 2024, introduced on 14 March 2024.
Recent criminal investigations into asbestos-contaminated mulch, and a general need to strengthen penalties and deterrence, prompted these changes.
The Bill includes the following increased penalties:
The Bill also grants the following powers to the EPA and the Land and Environment Court:
These amendments clearly signal an increased focus on environmental crime, and in particular, greater scrutiny on waste-related activities.
Whilst the EPA has always had the power to cast a wide net when investigating and prosecuting waste offences, the Bill specifically empowers the EPA to investigate the entire material/waste supply chain, and to order product recalls of potentially contaminated material on an urgent basis.
These sweeping powers make it even more important for businesses who may be on the receiving end of recycled or reprocessed materials to ensure the integrity of all generators and operators along the supply chain.
Publication
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
In the current geopolitical climate, with the imposition of tariffs and associated macroeconomic uncertainty, publicly traded companies across sectors will need to consider the potential impact on their business in the context of their ongoing disclosure obligations.
Publication
In July 2022 the UK Secondary Capital Raising Review published its report (Report) setting out a series of bold and wide-ranging recommendations for improving the secondary capital raising regime in the UK designed to make it quicker, more flexible, more inclusive of retail investors and more cost-effective, as well as moving towards digitisation and making better use of technology.
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