June 2021

ASIC Seeks Public Feedback on Crypto ETPs

The regulator will accept the feedback until July 27, 2021.   As the demand for crypto-based exchange-traded products (ETPs) is increasing, the Australian financial markets watchdog is seeking public feedback on such retail investment instruments. The Australian Securities and Investments Commission (ASIC) released a consultation paper on Wednesday that covers ‘crypto-assets as underlying assets for […]

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ASIC Extends Licensing Relief to Foreign Financial Service Providers

Regulated foreign firms can now operate in the country until March 31, 2023, without a local license. The Australian Securities and Investments Commission (ASIC) announced on Friday the extension of temporary relief for all foreign financial service providers (FFSPs) that will allow them to operate in the country without an Australian Financial Services (AFS) license.

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