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Colin Biggers & Paisley
Article discusses new AFS licensing regime for foreign financial service providers.
Corrs Chambers Westgarth
Changes may have significant implications for investors seeking to take advantage of traditionally generous treaty protections.
Norton Rose Fulbright Australia
Discussion of CP301 released by ASIC – background, key proposals, initial observations & consultation process.
Kemp Strang Lawyers
The Commissioner could use the Model Law implemented under the Cross-Border Insolvency Act to recover Australian funds.
Clayton Utz
The international tax rules may have "passed their use-by date" but changes must be based on a real, not perceived flaw.
Clayton Utz
Treasury released the long awaited Potts Report into the regulation of Direct Offshore Foreign Insurers and Discretionary Mutual Funds on 27 May 2004. The Report recommends that DOFIs marketing insurance in Australia should remain exempt from prudential regulation in Australia if they are domiciled in a country with comparable regulation.
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