Australia

Australia: Whistleblowing and Foreign Bribery Bills introduced into Senate

Whistleblowing and Foreign Bribery Bills introduced into Senate confirm Australian Government's intention to increase corporate compliance requirements. In light of this event, companies should take the appropriate measures.

Baker McKenzie releases Global Corporate Liability Handbook

Building on the success of 2016’s “EMEA Corporate Liability Handbook,” we are pleased to present you with the first global edition that collates and describes in detail the corporate liability and corporate crime regimes of countries in Asia, EMEA and the Americas.

Australia Welcomes the Most Significant Reform of Competition Law in the Past Two Decades

On 18 October 2017, the Competition and Consumer Amendment (Competition Policy Review) Bill 2017finally passed both Houses of Parliament. Coupled with the Competition and Consumer Amendment (Misuse of Market Power) Bill 2017, it represents the most significant reform of Australian competition law in the past two decades.

New Recommendations for Radical Whistleblowing Laws in Australia: Time to Rethink your Policies

The Parliamentary Joint Committee on Corporations and Financial Services has released its report on recommended changes to whistleblower protections in the corporate, public and not-for-profit sectors. If implemented, these recommendations would significantly increase the protections and rewards available for whistleblowers.

The Serious Consequences for Australians Involved in Corrupt Conduct are Becoming Clear

In the last week, there have been three reported matters which demonstrate the material consequences that Australian companies and individuals may face as a result of involvement in corrupt conduct.

Supply Chain Transparency and Australia’s Closer Look at Modern Slavery Laws

Australia is considering whether to adopt modern slavery legislation, similar to that found in the United Kingdom (UK) and California.

Compliance Benchmark 2017: Quantifying the Fundamentals

We have summarized the results of the compliance studies of the past 12 months and summarized the results in this post. Find out how you measure up against the benchmark.

Baker McKenzie releases Anti-Bribery Laws Handbook 2017 edition

We are very pleased to present you the latest edition of our Global Overview of Anti-Bribery Laws Handbook, updated with detailed information about key legislative and enforcement activity in the anti-bribery and corruption sphere.

Australia: Federal Government announces proposals to strengthen enforcement of bribery legislation

The Federal Government has announced and invited submissions on a proposal for a deferred prosecution agreement scheme to be introduced in Australia and proposed amendments to the foreign bribery offence.

Australia’s mandatory data breach notification is coming!

Mandatory data breach notification laws have passed parliament. Baker McKenzie partner Patrick Fair explains how the laws will work and what they will mean for business.

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