Publications By Peter Reeves
21st August 2015
AUSTRAC has invited stakeholders to make submissions on the proposed arrangements for the 2015-16 industry contribution levy.
20th August 2015
Government consults on proposed crowd sourced equity funding framework for public companies and canvasses proposed reforms for proprietary companies
Following consultation earlier this year, and consistent with its expressed commitments, the Federal Government is now consulting on its proposed crowd sourced equity funding framework for public companies as well as ways to reduce compliance costs for, and facilitate capital raising by, proprietary companies.
4th August 2015
21st April 2015
In this update, in a context where the performance issues surrounding the Australian financial advice industry are well-publicised, we summarise the steps that have been taken to improve adviser accountability generally and ASIC’s additional proposals in relation to complex product regulation.
19th March 2015
Special Counsel Peter Reeves and Lawyer Georgina Willcock provide an overview of The Asia Region Funds Passport (Passport) – an initiative to facilitate the offer of interests in certain collective investment schemes (CIS) established in Passport member economies to investors in other Passport member economies.
16th March 2015
The Australian Treasury has recently published its discussion paper, Crowd-sourced Equity Funding, drawing on submissions relating to CAMAC’s proposals (see our previous update) and the existing New Zealand regulatory framework for crowd funding.
4th December 2014
The Corporations and Markets Advisory Committee (CAMAC) has recently presented its report, Crowd sourced equity funding, to the Federal Treasury, proposing options for regulating crowd sourced equity funding (CSEF) in Australia.
5th June 2014
By Peter Reeves
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has announced new customer due diligence requirements through Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2014 (No. 3) which makes several changes to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.