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While many of its peers in Australia have chosen to tie up with an international firm, Minter Ellison has moved forward its agenda to be an Asia-Pacific regional player in its own right.
In 2012, the Australian firm opened an office in Mongolia to capitalise on the country's emerging resource-based economy. Hong Kong partner Elisabeth Ellis has relocated to Ulaanbaatar to become the office’s resident partner. She is supported by a team of local lawyers, as well as the firm's regional energy and resource team.
The expansion is in line with the firm's strategic focus on the energy and resources industry, and will create natural synergy with its existing Asian offices in Beijing, Shanghai and Hong Kong.
Elsewhere in Asia, the firm has a nine-partner Greater China team across Hong Kong, Beijing and Shanghai. A presence in North Asia is important to the firm, because to build up a credible energy and resources practice in Australia, the firm needs to be close to North Asia clients.
Having recognised the busy deal flow between Perth and Asia, the firm has also put in efforts on rebuilding its Perth office, where a large team led by 18 partners walked out to set up an office for US firm Squire Sanders in August 2011. The Perth departures were triggered by Minters' move to fully financially integrate the Perth office with its East Coast offices, including Sydney, Melbourne and Brisbane.
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In November 2013, ASIC announced a review of its regulatory guide and class order for employee incentive schemes in the form of ASIC consultation paper CP 218.