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No AFS License Needed until 2025: ASIC Extends FFSPs Transitional Relief Again

The Australian Securities and Investments Commission (ASIC) has made the decision to prolong the transitional relief for foreign financial services providers (FFSPs). Initially set to lapse in March 2024, these entities now have until 31 March 2025 before they are mandated to obtain an Australian financial services (AFS) license when catering to the country's wholesale clients.ASIC Extends Transitional Relief for FSSPsThe consideration of regulatory relief measures is underway, as FFSPs offer Au... Read More

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License

Needed

Until

2025

Asic

Extends

Ffsps

Transitional

Relief

Forex

Posted: Aug 8 2023, 05:08

Author Name: financemagnates

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