DIGITAL CURRENCY EXCHANGE PROVIDERS –YOU WILL NEED TO BE REGISTERED FROM APRIL 2018!

IMPORTANT COMPLIANCE WARNING: Australia is introducing new amendments to the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017 to regulate digital currency providers in Australia and the new laws are expected to be in effect from 1 April 2018. These amendments would introduce the Australian Government’s new measures to regulate digital currency exchange providers in Australia.  These …

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Fundamentals of Setting up an Online Business – do your homework and get it right from the start

When you’re setting up an online business, it’s important to consider the legal aspects that should be included in it. Generally speaking, websites contain disclaimers, privacy policy and terms and conditions of use depending on their nature of use. It is essential to have these legal policies to safeguard your online business from potential disputes …

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Want to Make Your Own Phone Apps? Remember we have Privacy Laws! and the Australian Government takes this Very Seriously

The following will help you to ensure you are compliant. There are thousands or more new applications being released every day for our mobile phone platforms, and some of these applications become very successful and profitable. In Australia, however, if you are considering make an application, you must consider the privacy law implications under the …

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INSOLVENCY: CROSS-BORDER CLAIMS – FOREIGN DEBTS AND INSOLVENCY- WHAT IS THE STATUS OF YOUR CLAIM?

The Cross-Border Insolvency legislation permits a foreign representative to commence an insolvency proceeding in Australia where the debtor is subject to a foreign proceeding. Difficulties surrounding cross-border insolvencies can result in risk and cost to businesses involved in international trade in goods and services. The legislation assists in the integration of national financial systems with …

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