We are at the forefront of this new wave of fundraising, having worked with crowdfunding platforms since 2012. Our multidisciplinary team, which includes taxation and property lawyers, provides integrated advice as needed.
We are involved in projects from inception to completion, and provide practical advice about the steps required. This includes:
- structuring advice, including issues papers, options papers, discussion papers and diagrams
- financial services licensing requirements (AFSL, ACL etc)
- recommendations about appropriate structures
- drafting scheme documentation;
- drafting contractual documentation;
- drafting and lodging application documents;
- engaging with regulators, such as ASIC, to obtain necessary regulatory relief;
- drafting disclosure documents, information memoranda and product disclosure statements;
- reviewing applications forms; and
- reviewing marketing material.
- Acting for DomaCom Pty Ltd on all aspects of establishment of a novel and complex retail franctional property investment platform structured as a registered managed investment scheme.
- Advising and acting on all aspects of the establishment of Property Shares, a wholesale property crowdfunding platform.
- Advising and acting on all aspects of the establishment of a number of P2P and small business lending platforms.
Financial Services| 21 Dec 2021
In this edition, we consider a case on misleading or deceptive marketing practices for a credit fund, the Government’s response to payments reviews and payment reforms, and much more.
Financial Services| 26 Nov 2021
In this edition, we consider ASIC’s new guidance on cryto-asset licensing and market regulation, new and updated APRA FAQs on a range of matters and a suite of ASX regulatory updates, and much more.
Financial Services| 22 Oct 2021
A quick reminder that Directors can apply for a Director Identification Number (DIN) from 1 November 2021, and existing directors must have applied for a number by 30 November 2021.
Financial Services| 18 Oct 2021
In this edition, we consider the new DDO interim instruments, ASIC’s updated anti-hawking regulatory guidance and updates in relation to the new breach reporting regime and internal dispute resolution requirements, and much more.