Publication
Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
Author:
Australia | Publication | April 2025
This article was co-authored by Sophie Sanderson.
In case you missed it, the EPA has released two draft guidelines for consultation, namely the draft ‘Guide to the NSW Resource Recovery orders and exemptions policy framework’ (Draft Policy Guide) and draft ‘Orders and exemptions application guideline’ (Draft Application Guideline). Copies are available here.
By way of background:So, you may be asking, what is the difference between the Draft Policy Guide and the Draft Application Guideline? There is crossover between the two documents. However, there are also some important differences.
The Draft Policy Guide contains an overview of the relevant legislation and the EPA’s policies and provides valuable information regarding the matters considered by the EPA when assessing applications for RROs and RREs. Importantly, it states that:
The Draft Application Guideline, on the other hand, offers guidance as to how to apply for an RRO/RRE, including the steps to be taken before making an application (such as a pre-application meeting with the EPA) and how to prepare your application to ensure that it addresses the EPA’s assessment criteria.
Public consultation on both the Draft Policy Guide and the Draft Application Guideline is open until 5pm, Wednesday, 9 April 2025. Submissions can be made by emailing resource.recovery@epa.nsw.gov.au or completing the feedback survey available here.
Publication
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
Publication
On 3 July 2025 the UK Takeover Panel (Panel) published PCP 2025/1: Dual class share structures, IPOs and share buybacks (Consultation) setting out a proposed framework for the application of the UK Takeover Code (Code) to companies with dual class share structures (DCSS companies).
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