By Georgia Mullins. King & Wood Mallesons’ Melbourne office.

In a decision highlighting employer’s obligations to employees with a mental illness, the Fair Work Commission (FWC) has found an employer failed to provide due process to an incapacitated employee after misconstruing his extended absence from work on certified sick leave as a refusal to work.
Continue Reading Incapacity to work is not a refusal to work

作者: Patrick GunningKate Jackson-Maynes,Nick Valentine,Charles Davies

支付方式趋于电子化

在现代经济中,现金和支票的使用正在减少,电子钱包对传统的支付卡构成了挑战。

支付系统依赖网络基础设施

为实现“多对多”的支付方式,需要建立供支付服务供应商使用的网络基础设施。服务供应商之间的竞争将使支付系统用户拥有更大的选择余地。
Continue Reading 数字支付:不得不知的10个要点

By Scott FarrellUrszula McCormackStanley Zhou  King & Wood Mallesons

ICOs sell blockchain tokens (or coins)…

A token is an intangible asset stored on a blockchain which entitles a token holder to a bundle of rights (and possibly liabilities) set out in smart contracts and other relevant documentation (such as an offering document or a whitepaper).

… in a way like IPOs …

ICOs are inspired by IPOs. Like an IPO, tokens which have not been available to the public previously are generally offered to raise a set amount of funds, within a defined period of time. Once purchased, the token may be able to be traded on exchanges accessible by the public.
Continue Reading 10 things you need to know about Initial Coin Offerings (ICOs)

作者:Scott Farrell 邬素岚 周昕 金杜律师事务所

ICO出售区块链代币(或货币)

代币是储存在区块链上的无形资产。代币持有人享有智能合同和其他相关文件(如,发售文件或白皮书)中规定的一系列权利(也包括责任)。

发售方式与IPO相似. . . 

ICO是受到了IPO的启发。和IPO一样,在指定期限内将以往不公开发售的代币向公众发售,以募集一定金额的资金。购买后,代币可在面向公众的交易所买卖。
Continue Reading 有关首次代币发售的10个要点

By Malcolm Brennan, Stephen Brightman King & Wood Mallesons’ Canberra office.

 
An array of changes to Australia’s foreign investment framework took effect from 1 July 2017 under the Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017 (Cth). The amendments will be of particular interest to private equity sponsors, and industry players in the renewables, aged care, student accommodation and other commercial real estate sectors. They will impact the types of acquisitions requiring FIRB approval, as well as introducing new types of exemption certificates. 
Continue Reading FIRB Reforms Reducing Red Tape Take Effect from 1 July 2017

作者:熊进 Malcolm Brennan Stephen Brightman 金杜律师事务所

随着澳大利亚《外国收购法》修正案(豁免及其他措施)(“Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017 (Cth)”)的出台及生效,澳大利亚外国投资机制已于2017年7月1日起发生一系列变化。这些变化将会引起私募资本,可再生能源行业、养老行业、学生公寓以及其他商业不动产行业的产业投资者的特别关注。尤其是,(这些变化)将对那些需要事先获得FIRB审批的收购交易类型产生影响,并引入了新的豁免证书类型。 
Continue Reading 7月始:FIRB审批将减少“繁文缛节”
By Shannon Finch, Scott Farrell, Urszula McCormack, Roslyn Hinchliffe and Jack Nelson King & Wood Mallesons

DAOs are business vehicles…

DAOs are a re-imagined form of business vehicle, somewhere between a collective investment structure, a partnership, a venture capital fund, and a crowdsourcing platform. They facilitate economic cooperation on a global scale, allowing anyone with an internet connection to become an owner and manager of a business, and share in its risks and rewards.

Continue Reading 10 Things You Need to Know about DAOs

作者: Shannon Finch, Scott Farrell, Urszula McCormack, Roslyn Hinchliffe and Jack Nelson 金杜律师事务所

DAOs是一种商业载体

DAOs是商业载体的一种重塑形式,介于集体投资结构、合伙制、风险投资基金及众筹平台这几种形式之间。这种组织有助于促进全球范围内的经济合作,使任何人都可以在联网的条件下做生意并进行管理,并实现风险和利润共享。

Continue Reading 有关DAOs的十点须知

By Scott Farrell Urszula McCormack and Stanley Zhou  King & Wood Mallesons

1. ICOs sell blockchain tokens (or coins)…

A token is an intangible asset stored on a blockchain which entitles a token holder to a bundle of rights (and possibly liabilities) set out in smart contracts and other relevant documentation (such as an offering document or a whitepaper).
Continue Reading 10 things you need to know about Initial Coin Offerings (ICOs)

By Richard Mazzochi, Minny Siu, Jack Wang, Molly Su,  Jia Zhihang, Jessie Ng and Xi Suodi. King & Wood Mallesons

Introduction

After MSCI’s recent announcement on the inclusion of China A-Shares in its Emerging Markets Index and other major global indexes, the inaugurated launch of the long-awaited Bond Connect scheme today marks another significant breakthrough in China’s capital market development, coinciding with the celebration of the twentieth anniversary of the formal establishment of the Hong Kong Special Administrative Region.
Continue Reading From Stock Connect to Bond Connect – The first northbound trade under Bond Connect launches today