ASIC has released an updated Info Sheet "Digital assets: Financial products and services" ("INFO 225"), clarifying how existing financial services laws apply to digital assets and announcing a no-action position until 30 June 2026.

This Gen Advisory infographic provides a diagrammatic summary of APRA's and ASIC's various licensing requirements.

Gen Advisory's Michael and Clement  have been helping Australian PSPs and DCEs better understand their licensing & regulatory obligations.

The Australian Government has released two CPs which, when implemented, will result in significant changes to the licensing of PSPs.

ASIC's streamlined AFSL application process for foreign financial services providers (FFSPs) from certain overseas regimes.

The FinTech sector continues to grow rapidly. Regulatory considerations need not be a "necessary nuisance" for FinTechs; they can actually be key to a FinTech's success. First published: 1 October 2020 Author: Adam Turner Early-stage FinTech startups are often passionate about new technology and its potential to disrupt the financial services sector, but their areas of expertise may not extend to regulatory issues. While it is tempting to treat these issues as an afterth

The Australian Government's Enhanced Regulatory Sandbox (ERS) lets FinTechs test unlicensed, innovative financial products in a protected regulatory environment. Launched by the Australian Securities and Investments Commission (ASIC) on September 1, 2020, the ERS supersedes the previous regulatory sandbox introduced in 2016. ASIC Commissioner Cathie Armour says the regulator's ERS guidance will help businesses understand how the new sandbox works, including their obligations

The Gen Advisory team recently delivered a presentation titled: "FinTech Licensing: An overview of potential ASIC and APRA licensing...