After over 18 months of silence on the issue, ASIC has released further commentary about its views on accepting clients from overseas jurisdictions to receive
ASIC has recently published its findings regarding audit quality for the financial year 2019/2020. ASIC has been critical of audit quality over a number of
With the raft of changes to the obligations of mortgage brokers as a result of Commissioner Hayne’s recommendations, it is no surprise to see increased
Mortgage brokers will be subject to a ban on conflicted remuneration from 1 January 2021. If you are a mortgage broker, mortgage intermediary or credit
Each year, most Reporting Entities are required to lodge a compliance report with AUSTRAC. It covers important aspects of AML/CTF compliance and assists AUSTRAC to
Sophie Grace recently assisted Electop Pty Ltd (“Electop”) to obtain an Australian Credit Licence (“ACL”) to provide credit assistance to consumers in Australia. The ACL application was
The London Inter-bank Offered Rate, better known as LIBOR, once the gold standard for benchmarking interest rates across the globe, will officially cease quoting after
Sophie Grace recently assisted Pico Pay Pty Ltd (“Pico Pay”) to obtain an Australian Financial Services Licence (“AFSL”) to operate a payment platform. The AFSL
Earlier in the year, Sophie Grace assisted Viridios Capital Pty Ltd (“Viridios Capital”) to obtain an Australian Financial Services Licence (“AFSL”) to invest and manage