We recently provided an update about the temporary measures introduced by the ASX and ASIC to assist listed entities with capital raising during the COVID-19 pandemic (click here to read our earlier post). This week, the ASX has provided further clarification regarding, and made changes to, the temporary measures it has introduced. Key points to … Read more
By David Robbins (Principal Solicitor), Amelia Edwards (Special Counsel) and Adrian Faelli (Lawyer) Key Australian regulators have moved to establish new initiatives and scale-back some existing programs as the COVID-19 crisis deepens. Given the current crisis impacts both business and consumers alike, ASIC and the ACCC have prioritised their resources to ensure they are best … Read more
By Adrian Faelli (Lawyer) and Venn King (Special Counsel) On 14 October 2019, ASIC and the Netherlands Authority for the Financial Markets (“AFM”) released a joint report critical of current disclosure regimes in respect of the full range of financial products across multiple jurisdictions. Entitled “Disclosure: Why it shouldn’t be the default”, the report acknowledges … Read more
