Financial Institutions - Wotton Kearney

W+K News

2025 Wotton Kearney APIG Scholarship: Applications Open

Applications for the Wotton Kearney APIG Scholarship for 2025 are now open! In partnership with the Australasian Professional Indemnity Group (APIG), this annual scholarship awards AUD$9,500 funding towards attending an international conference of their choice related to professional indemnity insurance or their specialist product area (for example, cyber or environmental insurance). For ten years, the […]

By : Joshua Weiler Jun 18, 2025 Comments Off

W+K News

2025 WKLMA FinPro Travelling Scholarship: Winner Announced

Congratulations to Ellie Howell at SCOR Business Solutions on being awarded the WKLMA FinPro Travelling Scholarship for 2025! This year’s applicants were asked to address a major issue facing their area of insurance and propose a potential solution. Ellie impressed the judging panel with her video submission on risk management around AI, how it impacts […]

By : Joshua Weiler Jun 11, 2025 Comments Off

Articles

The new Aged Care Act 2024 (Cth): What do “responsible persons” and their insurers need to know?

By: Yen Seah and Samantha Younane At a glance The Aged Care Act 2024 (Cth) comes into effect on 1 November 2025. The Act imposes a new statutory duty on directors and other persons responsible for the executive decisions of aged care providers. This includes those who have authority or responsibility for (or significant influence […]

By : Joshua Weiler May 1, 2025 Comments Off

W+K News

2025 WKLMA FinPro Travelling Scholarship: Applications Open

Applications for the WKLMA FinPro Travelling Scholarship for 2025 are now open! In partnership with the Lloyd’s Market Association (LMA), this annual scholarship awards £5,000 to support one rising star in claims to attend the 2025 Australasian Professional Indemnity Group (APIG) National Conference and Gala Dinner in Sydney, Australia this September. The winner will also […]

By : Joshua Weiler Apr 29, 2025 Comments Off

Thought Leadership

New Zealand Insurance Market Trends Update 2025: The key developments shaping the industry in Aotearoa

In a rapidly changing landscape, staying informed is essential to navigating the complexities of New Zealand’s insurance market. That’s why we’ve released our New Zealand Insurance Market Trends Update 2025 – a comprehensive analysis of the key developments shaping the industry in Aotearoa. Packed with valuable insights, the report delves into emerging legal trends, evolving […]

By : Joshua Weiler Feb 27, 2025 Comments Off

Articles, Case Alerts

Davis v Wilson: The bar for successful shareholder class actions gets higher and higher

By: Amanda Beattie and Zoe Jones At a glance Following its decisions in other shareholder class actions late 2023 and 2024, the Federal Court has handed down yet another unfavourable decision for shareholders (Davis v Wilson [2025] FCA 108). The claim alleged that Quintis’ CEO, Frank Wilson, and its auditor, Ernst & Young, engaged in […]

By : Joshua Weiler Feb 26, 2025 Comments Off

Articles, Case Alerts

Full Federal Court backs privilege protections in voluntary disclosures to ASIC

By: Amanda Beattie and Gavin Davies. At a glance The Full Federal Court has determined that disclosure of a privileged expert report to ASIC in accordance with a voluntary disclosure agreement (VDA) did not amount to a waiver of privilege. This decision restores confidence in VDAs as a valuable tool for companies cooperating with ASIC […]

By : Joshua Weiler Feb 11, 2025 Comments Off

Articles, Case Alerts

ASIC v Union Standard International Group Pty Ltd – the extra-territorial reach of an Australian Financial Service Licensee’s obligation to act efficiently, honestly and fairly

By: Cain Jackson and Samantha Younane ASIC v Union Standard International Group Pty Ltd (No 4) [2024] FCA 1481 At a glance The Federal Court has determined that the obligation to act efficiently, honestly and fairly extends to services provided to clients outside Australia. The decision highlights risks for AFSLs providing products like CFDs to […]

By : Joshua Weiler Jan 20, 2025 Comments Off

Articles

Get to know Thomas Cavanagh, new partner and financial services specialist

What made you decide to become a lawyer? Other than the usual desire to argue a point with everyone and shows like Boston Legal (aged very poorly, I know), I like the fact that the law is not actually made up of rigid principles but rather can be moulded to suit particular circumstances, and that’s […]

By : Anja Vogel Nov 3, 2023 Comments Off

Articles

Climate reporting gains momentum with release of draft sustainability accounting standards

At a glance On 23 October 2023, the AASB released its Exposure Draft ED SR1 Australian Sustainability Reporting Standards – Disclosure of Climate-related Financial Information to propose climate-related financial disclosure requirements. The Exposure Draft includes two draft Australian Sustainability Reporting Standards relating to financial disclosure. The proposed standards have been developed for the Australian market […]

By : Anja Vogel Oct 27, 2023 Comments Off

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