Articles

Another reprieve for foreign financial services providers (FFSPs): ASIC extends licensing relief 

ASIC has removed the requirement for certain FFSPs to hold an Australian financial services licence (AFSL) for an extra year, to 31 March 2023. This latest development in the on-again, off-again relief follows the Federal Budget announcement in May 2021.  The Government will consult on how it can: Restore legislated AFSL relief for FFSPs who […]


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New ASIC appointments confirm shift to “express investigation” approach

ASIC flexes product intervention muscle

ASIC flexes product intervention muscle ASIC has intervened twice this week in the retail OTC derivatives and CFD markets.  The product intervention orders are the latest step in a sustained...

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Spotless – CFO judgment key take outs

Spotless – CFO judgment key take outs

Justice Murphy of the Federal Court of Australia has published reasons for judgement in Court v Spotless Group Holdings Limited [2020] FCA 1730 (Spotless). His Honour’s judgment provides important...

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