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Carbon-related instruments as financial products more time to get licensed if you register

  • Baker & McKenzie
  • -
  • Australia
  • -
  • May 1 2012

Come 1 July 2012 certain carbon-related instruments will be deemed financial products for the purposes of the Corporations Act 2001 (Cth

ASIC releases guidance and policy proposals for carbon financial products

  • Baker & McKenzie
  • -
  • Australia
  • -
  • March 13 2012

The Australian Securities and Investments Commission (ASIC) released Regulatory Guide 236 Do I need a licence to participate in carbon markets? (RG 236) on 9 March 2012, which sets out the new guidance to help business comply with its legal requirements leading up to the introduction from 1 July this year of Australia's carbon pricing mechanism under the Clean Energy Act 2012 and related legislation (CPM