September 28, 2016 BY Valentina Kirilova

ASIC extends foreign financial service provider class orders for two years and consults on related class order

ASIC has extended for two years seven class orders giving relief to foreign financial service providers (FFSPs) providing financial services to wholesale clients. These class orders were due to expire (‘sunset’) between 1 October 2016 and 1 April 2017. At the same time, ASIC has released Consultation Paper 268 Licensing relief for foreign financial services…

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