Compliance

MinterEllison is a leader in developing and delivering client-tailored competition and consumer law compliance programs for business in Australia. We regularly implement competition and consumer law compliance training for clients, at both a train-the-trainer level as well as presenting directly to employees.

We have substantial experience in undertaking compliance audits, whether it be in compliance with court orders or section 87B undertakings, or an internal investigation to ensure that a business is complying with its competition and consumer law obligations. Clients include AMP, Australian Unity, BlueScope Steel, Exxon Mobil, Hewlett Packard, GE Money, Lazard Asset Management, Toll Holdings, Shell and Places Victoria.

Safetrac, a company wholly owned by MinterEllison, designs and delivers compliance training, management and reporting solutions. Established in 1999, it is one of Australia’s most experienced compliance training and software service providers. Read more about Safetrac's awards-winning service offering.

18 July 2014

After launching the Shanghai Pilot Free Trade Zone nine months ago, the Shanghai government has released the Special Administrative Measures on Foreign Investment Access to the China (Shanghai) Pilot Free Trade Zone (Negative List) (the 2014 Revision). The list seeks to reinforce the requirements set out in 2013 and to further relax controls on foreign investments into China.

14 July 2014

The People's Bank of China has released the Administrative Measures for the Foreign Exchange Purchase and Sale Business Provided by Banks which will come into force on 1 August 2014. The Measures will clarify the definition of Business and adjust the supervision and management model to provide banks with greater autonomy and a simplified process to market entry and exit.

10 July 2013

The first court decision applying the cartel provisions of the Competition and Consumer Act 2010 has set the bar for establishing per se liability worryingly low. Significantly for M&A practitioners, the case calls into question the traditional risk assessment of 'back to back' or 'partial follow on' transactions from a bid-rigging perspective, including those that occur offshore. With an appeal by Bradken lodged in April, it seems 'at least possible' the Federal Court will revisit the low bar applied to satisfaction of the competition condition in this case - and the outcome will be one to watch.

9 July 2013

On 20 June 2013, the Ministry of Human Resources and Social Security issued Implementing Measures for Administrative License for Labour Dispatch to standardise and formalise the labour dispatch licensing regime in China. The measures came into effect on 1 July 2013 following a discussion draft issued on 19 May 2013.

5 June 2013

Comprehensive legislative changes to enhance and expand Hong Kong's unfair business practices and consumer protection framework, passed in 2012, will come into effect on 19 July 2013. We provide an overview of these major changes and explain how the new expanded consumer protection regime will operate in Hong Kong.