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.
While commonly perceived to be the perpetrators of crimes, corporations, organizations and governmental entities are often themselves victims of criminal acts performed by third-parties or their own employees and agents. The Mandatory Victim Restitution Act (MVRA) creates a statutory obligation for courts to order criminal restitution to victims for certain offenses committed against organizational entities.
Read the full Bloomberg Law article, "‘Victim’ entities recovery of restitution under MVRA."
Publication
In October 2024, the Australian Securities and Investments Commission (ASIC) was successful in its action against a life insurer in relation to misleading statements.
Publication
EU Member States may allow companies from countries that have not concluded an agreement guaranteeing equal and reciprocal access to public procurement (public procurement agreement) with the EU to participate in public tenders, provided there is no EU act excluding the relevant country.
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