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
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 placed to respond where necessary. The key take-outs for businesses to consider are: … 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
