Matthew Farnsworth is an investment funds lawyer based in Sydney.
Matthew has extensive experience in funds management and financial services law. He advises leading Australian and international financial services clients across a wide range of transactional and regulatory matters.
Clients look to Matthew to assist them to establish, offer and operate retail and wholesale investment funds. He advises on Australian financial services licensing, fund governance, offer documents and fund restructures, including managed investment schemes and other collective investment vehicles (CIVs).
He also advises on outsourcing arrangements, compliance issues and on ongoing regulatory developments in the financial services sector.
Matthew is experienced in the full range of asset classes and has particular experience in the property funds sector, including joint ventures, fund establishment, capital raisings for listed and unlisted funds, restructures and managed investment trusts (MITs).
He is also experienced in a wide range of transactions in the financial services sector, joint ventures and funds M&A.
ASIC has today extended relief for certain foreign financial services providers (FFSPs) in sufficiently equivalent regulatory regimes from the requirement to hold an Australian financial services licence (AFSL) when providing financial services to wholesale clients. .
September 21, 2018
ASIC has released CP 301, a consultation paper which proposes a modified licensing regime (in place of the current FFSP relief available for FFSPs in certain jurisdictions) for foreign financial services providers carrying on a financial services business in Australia, with submissions due by 31 July 2018. .
June 07, 2018