CASSPrs in from the cold: A regulatory framework for crypto asset secondary service providers in Australia?

The Treasury has sought feedback on proposals to regulate crypto asset secondary service providers ('CASSPrs') in a consultation paper ('Consultation Paper) released on 21 March 2022.  The proposals follow recommendations as to r...

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Silver Linings of the Pandemic – Federal Parliament Passes Permanent Changes to Allow Electronic Signing of Documents and Virtual Meetings

Prior to the COVID-19 pandemic, conflicting court decisions around the country had fostered uncertainty as to whether a company could safely execute documents electronically. Amidst the great upheaval created by the spread of the ...

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Digital Currency is hard to control but not beyond the Court’s reach

Bitcoin: Not just relevant to Russian oligarchs The world has acted swiftly to cut off Russia's access to traditional banking methods. However, oligarchs and their cryptocurrency seem to be a very different story. Because it is ...

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Geopolitics, guns and money laundering: new Sanctions against Russia imposed over invasion of Ukraine

In response to the invasion of Ukraine, the Federal Government has announced the extension of existing autonomous sanctions against Russia and Ukraine so as to apply these sanctions regimes to the Donetsk and Luhansk regions of Uk...

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Permanent Changes Afoot to Allow Virtual Meetings and Electronic Execution of Documents

The Federal Government has signalled its intention to make permanent the temporary COVID-19 exemptions allowing virtual meetings and the electronic signing and sending of certain documents by companies. If passed in its current...

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ASIC brings action against small amount credit lender for licence breaches

ASIC has brought civil penalty proceedings against Ferratum Australia Pty Ltd, the Australian arm of the Finland-based financial services company Multitude SE, offering mobile and digital financial services in approximately 25 cou...

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