
Publication
What are the safety and employment issues for consideration regarding the vaccine?
There a number of safety and employment issues for consideration regarding the vaccines. These issues primarily arise under work health and safety laws.
Australia | Publication | March 2020
On 10 March 2020, ASIC published its media release announcing the new regulatory framework for foreign financial services providers (FFSPs) providing financial services to wholesale clients in Australia.
Existing licensing relief has been extended as follows:
As set out in our previous update, the new framework replaces ASIC’s previous licensing exemptions for foreign providers and introduces two new regimes:
The foreign AFS licensing regime commences on 1 April 2020 and allows certain FFSPs that operate in sufficiently equivalent regimes to obtain a new foreign AFS licence.
The funds management relief will be available to foreign providers from 1 April 2022. While this type of relief is not a licence, FFSPs must notify ASIC if they wish to rely on the funds management relief.
We intend to provide you with a more detailed analysis of the updated FFSP regime in due course.
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There a number of safety and employment issues for consideration regarding the vaccines. These issues primarily arise under work health and safety laws.
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Back in October 2020, we highlighted the Australia’s Foreign Relations (State and Territory) Arrangements Bill 2020 and summarised how it would impact governments and other bodies such as public universities, including some of the practical considerations that might need to be considered in dealing with foreign government entities.
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In January, the United Nations Environment Programme (UNEP) published a summary of the status and trends in climate change litigation, in cooperation with the Sabin Center for Climate Change Law titled, ‘Global Climate Litigation Report: 2020 Status Review’ (the UNEP Report).
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