Foreign Financial Services Providers – Only 13 Months Remain to Choose Australian Regulatory Options
By EsqSocial Corporation 01/03/21
As many global financial services organisations know, the Australian Securities and Investments Commission (ASIC) during 2020 finalised its Regulatory Guidance for Foreign Financial Services Providers (FFSPs) to transition to the new Australian licensing regime which will commence on 31 March 2022. The new licensing regime is being introduced to replace the Class Order exemptions from licensing that ASIC granted in the last 15 years to many FFSPs allowing the provision of investment management...
By: K&L Gates LLP