WebMost common FFSP abbreviation full forms updated in September 2024. Suggest. FFSP Meaning. What does FFSP mean as an abbreviation? 19 popular meanings of FFSP … WebThe FFSP Class Orders were due to expire automatically between 1 October 2016 and 1 April 2024. In advance of these sunset dates, ASIC has acted to repeal the FFSP Class …
FFSP AFSL exemption uncertainty returns - Herbert Smith Freehills
WebMar 16, 2024 · Key points. On and from 1 April 2024, a new foreign AFS licensing regime will replace the ‘sufficient equivalence’ class order relief for FFSPs, subject to a 24 … WebAug 2, 2024 · FFSPs that have been, or are granted a foreign AFS licence, will be able to continue to operate their financial services business in Australia under the licence issued by ASIC. Background The transitional relief in ASIC Corporations (Amendment) Instrument 2024/623 extends the relief contained in the following instruments: swearing cocky
Investment Funds Insight Issue 1 - 04 FFSP relief updates - Ashurst
WebJun 14, 2024 · On 1 June 2024, ASIC released Consultation Paper 301: Foreign financial service providers (CP 301) in which it outlined its intentions to repeal the FFSP Class Order exemptions (and any individual relief issued on similar terms). It also intends to repeal the limited connection exemption. All of the exemptions would be revoked from 30 … WebASIC has released Consultation Paper 301: Foreign financial service providers, in which it outlines its proposal to extend the current FFSP exemptions for 12 months, until 30 … WebSep 24, 2024 · ASIC has extended the current FFSP exemptions for an additional 12 months, until 30 September 2024. The extension applies to the FFSP exemption available to providers regulated in recognised offshore countries and also to the "limited connection" exemption under former Class Order 03/824 swearing cockatoo pebbles