ASIC Releases IDR Reporting Documents

The Australian Securities & Investments Commission (ASIC) has announced the publication of internal dispute resolution (IDR) reporting documents for a pilot project with registered companies for the second half of 2021. The goal of the pilot project is to streamline the IDR process across ASIC registered firms and the Australian Financial Complaints Authority (AFCA), which is tasked

Continue Reading

ASIC Extends Temporary Relief for Foreign Brokers to 2023

The Australian Securities and Investments Commission (ASIC) announced this month that it is extending the temporary relief put in place for foreign financial service providers (FFSPs) that would otherwise be required to submit an application for a local Australian license. Such firms can now continue to operate in Australia until March 31, 2023. The Australian regulator indicated

Continue Reading