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ESG—Australia - Carbon Offsets: Australian Regulatory Framework

Taylor Swift’s “Eras Tour” was one of the highest grossing music tours of all time with approximate proceeds exceeding US$1 billion. While this is a monumental feat, Taylor Swift also gained negative attention during the tour...more

ASIC Extends Relief for Foreign Financial Services Providers

As expected, on 21 September 2018, the Australian Securities and Investments Commission (ASIC) issued ASIC Corporations (Amendment) Instrument 2018/807 (Amendment Instrument), extending existing relief available to certain...more

CCIV Regulatory Framework Revised for Consultation

On 13 June 2018, Treasury released a revised exposure draft of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018 (CCIV Bill) for the new corporate collective investment vehicles (CCIVs)....more

ASIC Proposes New Foreign Licensing Regime

On 1 June 2018, the Australian Securities and Investments Commission (ASIC) announced that it is proposing to implement a modified form of an Australian Financial Services Licence (AFS Licence) for Foreign Financial Service...more

Asia Region Funds Passport Legislation Introduced to Parliament

On 28 March 2018, the Corporations Amendment (Asia Region Funds Passport) Bill 2018 (Bill) was introduced to Parliament. The introduction of the Bill reinforces the Government's commitment to the Asia Region Funds Passport...more

Does Your Custody Agreement Comply?

All custody agreements will need to comply with new content requirements from 1 November 2015 as set out by the Australian Securities & Investments Commission (ASIC) in Regulatory Guide 133: Managed investments and custodial...more

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