King & Wood Mallesons

Asia-Pacific 100 position: 3

New Class Order relief and regulatory guidance in relation to IDPS and IDPS-like platforms

ASIC has released new Class Orders that apply to operators of an investor directed portfolio service (IDPS), and responsible entities of IDPS-like schemes. These new instruments were accompanied by revised guidance that sets out ASIC’s objectives and approach to regulating these platforms…

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Overview

Level 61, Governor Phillip Tower
1 Farrer Place
Sydney
NSW 2000
Australia
http://www.kwm.com

Jurisdiction: PRC/Australia
No. of offices: 20
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