Day: May 6, 2024

ASIC consults on updated guidance for carbon market participants

ASIC has today released a consultation paper on proposed updates to its regulatory guidance for participants in the carbon market in relation to Australian financial services (AFS) licensing requirements. The proposed updates address the implications of the safeguard mechanism reforms to the financial services and markets section of the Corporations Act 2001, as well as …

ASIC consults on updated guidance for carbon market participants Read More »

ASIC and UK Financial Reporting Council sign agreement to recognise audit qualifications

ASIC and the Financial Reporting Council (FRC) in the United Kingdom (UK) have signed a Memorandum of Understanding (MoU) on Reciprocal Arrangements which sets out the recognition of audit qualifications. The MoU allows auditors who have obtained professional audit qualifications as a statutory auditor in either the Australia or the UK, to apply more easily …

ASIC and UK Financial Reporting Council sign agreement to recognise audit qualifications Read More »