Depending on who you talk to, crypto assets represent either the most significant evolutionary shift in finance since coins were minted or the greatest bubble since tulips. Whilst the jury remains out on that point, it is...more
The Australian regulator, ASIC, “green-lights” crypto funds and exchanges in Australia, but what’s changed?
There have been exaggerated reports that the Australian financial regulator has given the green light to...more
The Australian Securities & Investments Commission (ASIC) has released its final policy in respect of its revised proposal for Foreign Financial Service Providers (FFSPs)....more
On 3 July 2019, the Australian Securities & Investments Commission (ASIC) released a further consultation paper in respect of its revised proposal for Foreign Financial Service Providers (FFSPs).
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The final report (the Report) of the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (the Royal Commission) was released on 4 February 2019. The Report provides 76...more
The Australian Royal Commission into Misconduct in the Banking Superannuation and Financial Services Industry published its interim report on 28 September 2018 (Initial Report). It provides no formal recommendations but...more
As the fallout from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission) continues, key Australian regulators are increasingly focused on more robust...more
The Australian Securities and Investments Commission has released a consultation paper in respect of potential reforms of the law applying to Foreign Financial Service Providers (FFSP), broadly foreign licensees who deal with...more
Financial technology (“fintech”) has exploded in recent years, with innovations like blockchain, artificial intelligence and cloud-based software promising to disrupt every financial service from banking and payments to...more