Publication
Financial services monthly wrap-up: October 2024
In October 2024, the Australian Securities and Investments Commission (ASIC) was successful in its action against a life insurer in relation to misleading statements.
Joint ventures (JVs) take many different forms and are entered into for many different strategic reasons, for example to combine financial resources or to pool know how. They may also enable parties constrained for reasons of risk appetite or availability of investment funding to develop business propositions or to create economies of scale in a given industry sector.
Joint ventures may be alliances created by necessity or they may be the coming together of organisations with complementary skill sets. Whilst this has always been a feature in particular industry sectors and jurisdictions, the significance of foreign ownership restrictions may increasingly drive the joint venture as the vehicle of necessity.
Our joint ventures hub consolidates a range of resources, including articles on key topics relevant to understand when entering into a joint venture, a cross-border Q&A covering commonly asked questions, and access to our latest publications, events and training.
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