Australia, will you be custodying digital assets?
Please note that this article was first published on Zodia Custody. *** Australia’s national Treasury’s recently released Regulating Digital Asset Platforms Consultation Paper proposes a framework for regulating digital assets that leverages the existing Australian financial services (AFS) licensing regime and introduces a new financial product called a digital asset facility (DAF). While it is possible […]
Hamilton Locke Listed as a Finalist in Fintech Australia 2024 Finnies Awards
Hamilton Locke has been named a finalist in Fintech Australia’s 2024 Finnies Awards in the category, ‘Excellence in Fintech Support Services’. This marks the seventh consecutive year that Hamilton Locke’s Funds and Financial Services team (previously The Fold Legal) have been shortlisted as finalists in this category. The Finnies Awards celebrate the best and brightest […]
Hamilton Locke Partners Named Finalists in 2024 Lawyers Weekly Partner of the Year Awards
Seven Hamilton Locke partners have been named as finalists in Lawyers Weekly’s 2024 Partner of the Year Awards. The Lawyers Weekly Partner of the Year Awards honour outstanding legal practitioners across Australia who have demonstrated excellence in their respective fields, driving innovation, and delivering exceptional client service. With five partners shortlisted in their respective practice […]
Hamilton Locke Prepares Submission on Treasury’s Buy Now Pay Later Regulatory Reforms
Hamilton Locke has provided a submission to Treasury in relation to the Exposure Draft bill and regulations as part of the Buy Now Pay Later regulatory reform (Draft Reforms). This consultation gave us the opportunity to comment on the Draft Reforms and the impacts on the industry. We have seen a limited form of regulation […]
Finding the interest in Finder Earn – debenture or not?
For the first time, debenture law has been applied to crypto products or services, with the Australian Securities and Investments Commission v Finder Wallet Pty Ltd [2024] FCA 228 (Finder Case) providing some clarity. Below, we explore the outcome in more detail, and share our key takeaways across six key questions: What was the Finder […]
ASX Compliance Update
Changes to ASX Listing Applications In a bid to enhance efficiency and clarity in the listing application process, the Australian Securities Exchange (ASX) has introduced several changes to its admission procedures, effective February 5, 2024. These changes set out in Compliance Update (no. 01/24) aim to simplify documentation requirements and improve compliance with spread and escrow […]
Hamilton Locke Acts for Alceon Private Equity on a multi-currency acquisition facility for the Acquisition of a 50% Interest in BOSS Engineering
Hamilton Locke has acted for Alceon Private Equity (Alceon) to secure a multi-currency facility to fund its acquisition of a 50% interest in BOSS Engineering, an automated agricultural equipment business. It was a pleasure to advise Alceon on the financing aspects of this transaction as its legal counsel, together with Skye Capital Advisory who acted […]
Licensing Essentials: The Good, the Bad and the Ugly
As ASIC expands its regulatory reach across new entities and industries, more businesses will be required to hold an Australian Financial Services or Credit licence or obtain additional authorisations, than ever before. But what goes into obtaining a licence, and is it really as impossible as it seems? With more than two decades of experience […]
Regulatory riddles: Decrypting the Future of Crypto Staking and Earn Products
For the first time, the crypto industry has useful guidance on the application of certain financial product definitions to crypto products and services following the recent judgement in Australian Securities and Investments Commission v Web3 Ventures Pty Ltd [2024] FCA 64 (Case), but not all issues have been resolved. We highlight below the key takeaways […]
Hamilton Locke Advises Scarcity Partners on Acquisition of a 30% stake in Evidentia Group, its First GP Staking Deal
Hamilton Locke has advised Scarcity Partners (Scarcity) on the acquisition of a 30% stake in Evidentia Group (Evidentia). Led by former Pinnacle executives Adrian Whittingham and Alex Ihlenfeldt, Scarcity is a newly established private equity firm looking to bring the highly lucrative ‘GP staking’ model to Australian shores. The GP staking model adopted by Scarcity […]
Hamilton Locke Advises Longreach Credit Investors on its A$40m Loan Facility to ZEN Energy
Hamilton Locke is pleased to have advised Longreach Credit Investors (Longreach) on the A$40 million senior loan facility provided to ZEN Energy. An Australian energy business focused on building a portfolio of renewable energy resources and solutions for commercial and residential homes, ZEN Energy supports clients in moving towards a zero-carbon world. Longreach is an […]
Real Estate Markets Quarterly – Autumn 2024
Welcome to the Autumn edition of our Real Estate Markets Quarterly! In this edition, we delve into recent industry developments and offer insights into the trends that will shape real estate markets in 2024. Features in this edition include: An industry spotlight on Co-Founder and Director, Natalie Rayment Exploring incentives for Build-to-Rent Developments Changes Impacting […]
