November 16, 2018 BY Valentina Kirilova

ASIC extends relief for non-cash payment facilities

Australian regulator ASIC has amended ASIC Corporations (Non-cash Payment Facilities) Instrument 2016/211 to remove an expiry date that would have seen the instrument cease operating in March 2019. The amendment means that the instrument will continue to operate beyond March 2019. ASIC Corporations (Non-cash Payment Facilities) Instrument 2016/211 provides relief for the following types of…

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