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Foreign Financial Services Providers need to realign Australian operations to address impending AFS Licensing regulatory reform

If you carry on a financial services business in Australia, you will need to hold an AFS licence, unless relief is granted by ASIC or a regulatory exemption applies.

Published by Michael Bracken
20 October, 2026
Financial Services & Financial Institutions

A New Insurer Risk – contractual liability for breach of the General Insurance Code of Practice

The General Insurance Code of Practice (Code) is undergoing reform to expand its scope and to include proposed changes that strengthen consumer protections, accountability and enforceability of the Code.

Published by Michael Bracken
13 October, 2026
Financial Services & Financial Institutions

New payment models face a broader licensing regime

In March 2026, Treasury released an exposure draft of the Treasury Laws Amendment Bill 2026: Payments System Modernisation, which is new legislation that overhauls the regulatory framework for payment service providers in Australia.

Published by Michael Bracken
29 September, 2026
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