ASIC calls on product issuers to review distribution practices for DDO compliance
ASIC is calling on product issuers to ensure distribution practices…
A GUIDE TO PUBLIC INVESTMENT FUNDS: Tax Treatment of Public Investment Funds in Australia
This is the final article in CNM Legal’s four-part series: A Guide to Public Investment Funds. The series provides an overview of registration, regulation, marketing and tax treatment of public investment funds in Australia. This article will discuss the topic of the tax treatment of public investment funds in Australia, focusing on the types of entities that can be public trusts and the tax treatment of those entities.
AFS licensee to cease providing independent expert reports on corporate transactions
ASIC has accepted a voluntary variation of the Australian financial…
ASIC wins case against Kraken crypto exchange operator for design and distribution failure
The Federal Court ruled Bit Trade Pty Ltd, the operator of the…
ASIC’s first greenwashing case results in landmark $11.3 million penalty for Mercer
In a landmark case for ASIC, the Federal Court has ordered Mercer…
A GUIDE TO PUBLIC INVESTMENT FUNDS: Marketing of Public Investment Funds in Australia
This is the third article in CNM Legal’s four-part series: A Guide to Public Investment Funds. The series provides an overview of registration, regulation, marketing and tax treatment of public investment funds in Australia. This article will discuss the marketing of public investment funds in Australia, focusing on the applicable regulatory frameworks, licensing requirements for marketing activities and the regulatory restrictions and requirements.
Court declares PayPal Australia used an unfair contract term
The Federal Court has declared a term used by PayPal Australia…
A GUIDE TO PUBLIC INVESTMENT FUNDS: Regulatory Framework for Public Investment Funds in Australia
This is the second article in CNM Legal’s four-part series: A Guide to Public Investment Funds. The series provides an overview of registration, regulation, marketing and tax treatment of public investment funds in Australia. This article will discuss the regulatory framework for public investment funds in Australia, focusing on the main areas of regulation, the registration process and additional regulatory restrictions and requirements.
ASIC bans former directors of XTrade.AU Pty Ltd
ASIC has banned former directors and responsible managers of…
ASIC and APRA issue final rules and information for the Financial Accountability Regime
The Australian Securities and Investments Commission (ASIC)…