Publication
UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Australia | Publication | September 2019
ASIC has today published a media release confirming that the licensing relief for certain foreign financial services providers (FFSPs) has been extended to 31 March 2020. The relief was due to expire on 30 September 2019. Relief has been extended on the same terms until 31 March 2020.
The extension applies to the ‘limited connection’ relief together with the relief available under:
The extension follows ASIC’s release of Consultation Paper 315 in July 2019 (CP 315), which contemplated the extension of the relief to 31 March 2020.
In summary, ASIC also proposed under CP 315 to:
See our earlier update for more information on these proposals
Please contact us if you would like more information on ASIC’s proposed foreign AFS licensing regime and funds management relief.
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
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