Australia Latest Updates Cabotage Reforms in AustraliaAlmost three years after the enactment of the Coastal Trading Act, it has failed to revitalise the Australian shipping industry. New era of supervision of Australian private health insurersIf enacted, the proposed Private Health Insurance Act 2015 will empower Australian Prudential Regulation Authority to administer the prudential regulation of the private health insurance industry in Australia and the provisions of the Private Health Insurance Act 2007 relating to the establishment, functions and responsibilities of Private Health Insurance Administration Council will be repealed. Australia Articles and Reports The shape of things to comeMelinda Finch considers what 2007, the year of the pig, holds in store for in-house counsel, private practice lawyers and their firms in the region. Where will the areas of opportunity be and what challenges can they expect to face? Mergers & Acquisitions Special ReportThe June issue of Asian-Counsel takes a look at M&A activity levels and trends across Asia Pacific and investigates factors which in-house counsel should consider in light of the downturn, whilst leading firms discuss how newly-enacted legislation and other issues will impact the M&A arena in Japan, Korea and China. Restructuring & Insolvency Special ReportIn this month’s cover feature, we take a look at the reasons why in-house counsel need to stay alert to restructuring and insolvency trends, and talk to experts from around the region about the practical considerations which should be taken into account when advising clients in the current climate. Asia-Australia – counseling for successSitting in a coffee shop in downtown Sydney on a recent trip to Australia, a look around at the diversity of faces discussing business, the price of coffee (and last weekend’s ‘footie’), it was clear that Australians of Asian descent are very much part of the fabric of the country. But whilst Asia has come to Australia, is Australia investing in Asia, and are Australian businesses taking full advantage of their geographical proximity to either the region’s mature or fast-emerging markets? What Brexit might mean for the In-House CommunityAided by thoughts from lawyers throughout Asia and Australia, we delve into what Brexit may mean for In-House Community members, giving insight on employment, taxation, insurance, finance, investment and more. Australia In-House Insights Driving valueRebecca Lim, Group General Counsel of Westpac Banking Corporation speaks to ASIAN-MENA COUNSEL about the challenges and opportunities she has encountered in her role at the Australian headquartered bank. Here, she explains how her and her team manage to stay ahead of the curve. Taking the plunge - Bob SantamariaAfter twenty years in a partnership role at Australian firm Allens Arthur Robinson, Bob Santamaria took the plunge and moved in-house in 2007, joining ANZ as Group General Counsel. The GFC hit a mere few months later, rocking the banking world to its core. For Santamaria, it was a case of sink or swim, and despite the inevitable challenges that ensued, he explains to Rebecca Brookes why he has never looked back. A shift in directionOnce viewed as the poor cousin to private practice, attitudes towards in-house lawyers have shifted markedly in Australia in recent years, according to Group General Counsel Will Irving of Telstra, Australia’s leading telecommunications and information services provider. He tells us why the winds of change continue to blow in respect of the in-house role.
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