Are you providing digital assets financial services unlicensed? Act now!
ASIC has long held the view that many digital assets businesses are already providing financial services without an AFS licence. That position was confirmed in INFO Sheet 225, but ASIC has also issued a class no action letter to help provide a pathway to licensing for digital asset businesses that currently need to hold an: […]
ASIC’s latest warning to lenders on hardship calls for a customer-centric system
Lenders have improved their financial hardship practices – but there is still quite a lot of work to be done. This was one of ASIC’s key findings in its recently released Report 815 Hardship, not as hard to get help, done as a follow up to its 2024 review of hardship practices. ASIC’s report captures its […]
