Hamilton Locke prepares submission on ASIC’s consultation paper 381 – Updates to INFO 225: Digital Assets
Hamilton Locke has prepared a submission on ASIC’s Consultation Paper 381: Updates to INFO 225: Digital Assets. ASIC has sought feedback on its updated guidance in Draft INFO Sheet 225 which seeks to provide the digital assets industry with further clarity on ASIC’s views on the regulatory perimeter of digital assets under the existing financial […]
Licensing essentials: Credit Licensing for Buy-Now-Pay-Later
Buy Now Pay Later products will soon face stronger regulation. Here’s how providers can comply with the June deadline. Buy-Now-Pay Later (BNPL) products are now included in the definition of a ‘credit contract’ following recent amendments to the National Consumer Credit Protection Act 2009 (Cth) (NCCP Act). BNPL providers will now need to comply with […]