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We pride ourselves on thought leadership, anticipating tomorrow’s challenges today.
Australian Financial Services Licences: Broader Than You Think – Lessons from ASIC v Web3 Ventures
Banking and Finance
,
Commercial Disputes and Insolvency
,
Corporate Advisory
,
Cyber Risk
,
Financial Services
July 8, 2026
The High Court's decision in
Australian Securities and Investments Commission v Web3 Ventures Pty Ltd
[2026] HCA 21 (ASIC v Web3) is a timely reminder that the Australian Financial Services Licence (AFSL) regime is far broader than many advisers appreciate.
The Purpose of Lawyers in Cyber Incident Response Should be Predominant: McClure v Medibank Private Limited [2025] FCA 167
Cyber Risk
June 4, 2025
Following the October 2022 data breach, the Federal Court recently handed down its decision in McClure v Medibank on whether Medibank could claim privilege over all expert reports and communications related to its response.
Cyber Alert: Super Funds Coordinated Attack
Cyber Risk
,
Financial Services
April 5, 2025
Multiple Australian superannuation funds have recently experienced a coordinated and targeted cyber incident.
ASIC alleges “Missing Cybersecurity Measures” against AFS Licensee – A Curse and a Blessing: Australian Securities and Investments Commission v FIIG Securities Limited ACN 085 661 632
Cyber Risk
April 4, 2025
The Australian Securities and Investment Commission (ASIC) has brought proceedings against an Australian Financial Services (AFS) licensee alleging “Missing Cybersecurity Measures” in the period prior to suffering a significant cyber incident.
Insurance in MOtion September 2024
Cyber Risk
,
Insurance
September 11, 2024
Welcome to Insurance in Motion! We're excited to share the latest insights and updates with you.
The High Court applies the present law regarding a duty of care to avoid pure economic loss, but it’s “unsatisfactory”: Mallonland Pty Ltd v Advanta Seeds Pty Ltd [2024] HCA 25
Cyber Risk
,
Insurance
September 6, 2024
On 7 August 2024, the full court of the High Court of Australia (HCA) handed down its much-anticipated decision in Mallonland Pty Ltd v Advanta Seeds Pty Ltd [2024] (Mallonland)[1] concerning a negligence claim for pure economic loss brought by a class action group of sorghum growers (the Growers) against Advanta Seeds (Advanta), a seed producer.
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