Legislation for the Australian Securities and Investments Commission’s (ASIC) industry funding model became effective on 1 July 2017. Under the ASIC Supervisory Cost Recovery Levy Act 2017 (Cth) (Act), any entity that is regulated by ASIC (leviable entity) will need to pay a levy for the financial year they were regulated to recover ASIC’s regulatory costs.
Managing copyright in today’s digital world is becoming incredibly complex. Does blockchain create new options for managing copyright and other rights in relation to content? Is blockchain just a solution looking for a problem, or is there something more to it? This article explores the potential to substantially re-engineer the complexities of copyright management with a blockchain solution.
In response to the growing privacy concerns around personal data, the Australian Government recently passed the Privacy Amendment (Notifiable Data Breaches) Act 2017 (Cth) (the ‘New Data Breach Notification Laws’).
In March 2017, Parliament enacted the Corporations Amendment (Crowd-sourced Funding) Act 2017 (Cth) (Act) which provided a legislative framework for public companies to raise capital on crowd-sourced equity funding platforms.