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
Australia’s corporate regulator, ASIC, surprised the FX world early on Friday 23 October 2020, when it dropped its finalised product intervention order on the retail
Increasingly CFD and FX dealers are looking to provide financial services in highly regulated jurisdictions. Many of these dealers are unaware that Australia offers a