ASIC is reminding advertisers of financial services and products that they are actively monitoring financial services advertising during the COVID-19 pandemic, and will act where
Sophie Grace recently assisted Hope Partners Pty Ltd (“Hope Partners”) to obtain an Australian Financial Services Licence (“AFSL”) to issue and act as an investment
Sophie Grace recently assisted Leap Financial Pty Ltd (“Leap Financial”) to obtain an Australian Credit Licence (“ACL”) for credit provider activities. The ACL application was
Commencing on 22 August 2020, litigation funders will no longer be exempt from the requirement to hold an Australian Financial Services Licence (AFSL) and will
Amendments made to the change in control requirements for Australian Financial Services Licence (AFSL) and Australian Credit Licence (ACL) holders (“Licensees”) became effective on 18
ASIC is reminding Australian Financial Services Licensees and Australian Credit Licensees seeking to avoid or reduce industry funding levies for the 2020-21 financial year that
Sophie Grace recently assisted Pacific Financial & Investment Pty Ltd (“Pacific Financial & Investment”) to obtain an Australian Credit Licence (“ACL”) for credit provider activities
ASIC has recently announced it will defer the commencement date of the Design and Distribution Obligations (“DDO”) by six months until 5 October 2021. We
ASIC’s Report 654 details instances where ASIC exercised its power to both grant and refuse AFS licensing relief. Throughout the period between April 2019 and