WebOct 25, 2016 · The FFSP Class Orders were due to expire automatically between 1 October 2016 and 1 April 2024. In advance of these sunset dates, ASIC has acted to … WebSep 28, 2016 · Foreign financial service providers class orders. Our FFSP relief was previously provided by: [CO 03/1099] UK FSA regulated financial service providers, which is due to sunset on 1 October 2016; [CO 03/1100] US SEC regulated financial service providers, which is due to sunset on 1 October 2016;
New AFS licensing framework for foreign financial …
WebMost common FFSP abbreviation full forms updated in September 2024. Suggest. FFSP Meaning. What does FFSP mean as an abbreviation? 19 popular meanings of FFSP … WebMar 10, 2016 · The FFSP class orders provide a simple and straightforward regime for foreign licensees to operate in Australia on the basis that their overseas regulatory … new castle ymca wa
Another year of relief for Foreign Financial Service Providers
Entities that were granted individual relief by ASIC on similar terms as the sufficient equivalence relief before 31 March 2024 do not have to notify ASIC to be able to rely on the transitional arrangements. ASIC will consult the holders of individual relief instruments about our proposal to discontinue the individual relief … See more Before relying on the sufficient equivalence relief available for FFSPs, you must consider if you are carrying on a business in Australia. … See more If you are unable to rely on any of the ASIC instruments in Table 1, you can apply for individual 'case-by-case' relief. Applications for individual relief should be sent to [email protected]. See more During the transitional period, as an FFSP relying on the sufficient equivalence relief, you have ongoing obligations to notify ASIC of certain … See more Table 4 explains how to lodge the different types of documents mentioned in this information sheet. This list is not exhaustive: see 'Where can I get more information?' below. … See more WebSep 29, 2016 · The relief under the Class Orders has been extended for two years – but there’s a catch. ASIC has extended seven Class Orders [CO 03/1099, CO 03/1100, CO … WebJul 28, 2024 · The Australian Securities and Investments Commission (ASIC) has, again, extended the transitional relief period for Foreign Financial Services Providers (FFSPs) for a further 12 months to 31 … interned synonym