Monthly Archives: August 2018

Financial Services in Focus – Issue 8

Funds and financial products
ASIC identifies areas of improvement for exchange traded products

On 2 August, ASIC released a completed review of the exchange traded products (ETP) market in Australia, including exchange traded funds, aimed at ensuring the market is delivering on promises to investors.

Read more

Read full article

OSHA’s Reporting Rule Rollback, CA’s Salary History Ban, NYC’s Temporary Schedule Change Law, Model FMLA Forms Expired – Employment Law This Week

Featured on Employment Law This Week: OSHA plans to roll back a controversial reporting rule initiated at the end of the Obama administration.

Read more

Read full article
ILN Today Post

Charitable giving under the new tax law

The biggest change to charitable giving under the Tax Cuts and Jobs Act may come from the increase in the standard deduction. The act almost doubles the standard deduction in 2018 to $12,000 for single and $24,000 for joint filers under age 65 (those over 65 can deduct an additional $1,300). This higher deduction will drastically reduce the number of taxpayers who itemize, thus causing many charities to fear a reduction in charitable gifts. So what are some of the best ways to make charitable gifts under the Act?

Read full article

Starting point for prescription: Defects appearing gradually

The Court of Appeal’s decision in Garand c. Fiducie Elena Tchouprounova, 2018 QCCA 876, rendered on July 19, 2018, discusses the starng point for the prescripon period when dealing with defects that appear gradually.

Read more

Read full article

Unfair contract laws to be extended to insurance

Since 2010, Australia has had laws dealing with unfair contract terms (UCT Laws) in consumer contracts. These are contained in sections 23 to 28 of the Competition and Consumer Act 2010 (ACL) and, in respect of financial products and services, sections 12BF to 12BM of the Australian Securities and Investment Commission Act 2001 (ASIC Act). From 12 November 2016, the scope of the UCT Laws was extended to ‘small business contracts’ (a small business is one that employs less than 20 people, including casual employees employed on a regular and systematic basis).

Read more

Read full article

Changes in the joint stock companies law

On 19 July amendments to the Federal law “On joint stock companies” (JSC Law) came into effect aiming to fix general principles of internal audit implementation in joint stock companies. Here we describe this and other important changes.

Read more

Read full article

New York City Temporary Schedule Change Law Impact Employers with Collective Bargaining Agreements – Express Waiver and “Comparable Benefits” Language Will Need To Be Negotiated For Contracts Covering Persons Employed In New York City

The New York City Temporary Schedule Change Law (“Law”), which became effective on July 18, 2018, raises new issues that employers with union represented employees will need to address as their existing collective bargaining agreements (“CBA”) come up for renewal.

Read more

Read full article

ILN-terviews: Alishan Naqvee, LexCounsel Law Offices

Welcome to ILN-terviews, a series of profiles of ILN member firm attorneys, designed to give a unique insight into the lawyers who make up our Network. For our latest interview, we chose ILN member, Alishan Naqvee of our member firm LexCounsel Law Offices in New Delhi, India.

Read full article

Further changes to the visa program

Further to our May 2018 update, the Department of Home Affairs (DHA) has provided further commentary and updates about the changes being made to the visa program which we have summarised below.

Read more

Read full article

Insurable Interest – Issue 46

 

The future is super

Mr Latz was diagnosed with mesothelioma in October 2016. It was accepted by all parties that Mr Latz’s illness was caused by Amaca’s negligence.

Read more

Read full article