[2026] 182 taxmann.com 534 (Article)
World Corporate Law News provides a weekly snapshot of corporate law developments from around the globe. Here’s a glimpse of the key corporate law update this week.
1. Securities Law
1.1 ASIC proposes to extend relief for securitisation entities from holding an AFS licence
On January 20, 2026, the Australian Securities and Investments Commission (ASIC) sought feedback on a proposal to remake a relief instrument to extend the exemption for securitisation entities from holding an Australian Financial Services (AFS) licence.
ASIC proposes to remake the Instrument on largely the same terms for a period of five and a half years.
ASIC Instrument 2016/272 exempts a securitisation entity from holding an AFS licence where it holds the securitisation product as a custodian or trustee or issues a securitisation product to:
(a) An AFS licence holder
(b) An entity that is exempted from holding an AFS licence or
(c) A wholesale client
Under the Legislation Act 2003, legislative instruments are repealed, or ‘sunset’, after 10 years, unless ASIC acts to preserve them.
Source : Official announcement
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