Share on LinkedInShare on LinkedIn

ARTICLE · 16 MARCH 2025

Piper Alderman's Response to ASIC Consultation Paper 381

Piper Alderman
Piper Alderman
Contributor
Piper Alderman

Piper Alderman

Helping shape the future of business in Australia with practical, commercial and cutting-edge legal...

View firm profile
Explore more from Piper Alderman

ASIC's proposed updates to its guidance on digital assets, including the interpretation of the Corporations Act 2001.

AustraliaFinance and Banking
Steven Pettigrove
Steven Pettigrove
Luke Higgins
Luke Higgins
Jake Huang
Jake Huang
Luke Misthos
Luke Misthos
Author LinkedIn connections

Piper Alderman has submitted its response to ASIC's Consultation Paper 381: Updates to INFO 225 – Digital assets: Financial products and services.

The submission addresses ASIC's proposed updates to its guidance on digital assets, including the interpretation of the Corporations Act 2001 and licensing requirements for crypto-related financial services.

Authored by Luke Higgins, Jake Huang, Luke Misthos, and Steven Pettigrove, the response provides insights into the evolving regulatory landscape and advocates for a balanced approach that fosters innovation while ensuring compliance.

Click below to read the submission.

Piper Alderman's Response to ASIC Consultation Paper 381250305_PA Submission to CP 381.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Read more about

Related Comparative Guides

See more popular content from

Video

Insights Into Maintaining Financial Control In The Property And Construction Sector. (Video)

Construction businesses can appear profitable while facing severe cash flow crises. Victor Zhou, a fractional CFO specializing in construction, reveals why cash shortages develop in building and development firms, how to spot warning signs before it's too late, and why securing additional funding often masks deeper structural problems that continue draining resources.
AustraliaFinance and Banking
Cathro & Partners
Cathro & Partners
Article

Australia's Updated Financial Innovation Strategy

The Australian Government has unveiled its Financial Innovation Strategy, introducing a new Financial Innovation Committee and overhauling the Enhanced Regulatory Sandbox framework to better support emerging businesses testing innovative financial products. The strategy encompasses reforms across consumer data rights, digital assets, tokenised infrastructure, and regulatory frameworks designed to position Australia as a leader in financial innovation.
AustraliaFinance and Banking
K&L Gates
K&L Gates
Article

Lenders Beware - When A High Interest Rate May Be Void As A Penalty

When does a high default interest rate cross the line from legitimate compensation to an unenforceable penalty? A recent NSW Supreme Court case examines the principles governing default interest provisions in loan agreements, revealing the critical factors lenders must consider when structuring their interest rate terms. The decision provides essential guidance on what evidence lenders need to justify material increases in default rates and how courts will assess whether such provisions constitute genuine p
AustraliaFinance and Banking
Bartier Perry Solicitors
Bartier Perry Solicitors
Article

Reforms To Restraints: What The Competition And Fair Work Legislation Amendment (Banning Unfair Non-Competes) Bill 2026 Means For Employers

The Albanese Government has released draft legislation that would fundamentally reshape how Australian employers use restrictive covenants and competitive agreements. The proposed Competition and Fair Work Legislation Amendment (Banning Unfair Non-Competes) Bill 2026 seeks to prohibit or strictly regulate no-poach agreements, wage-fixing arrangements, non-compete clauses, and co-worker non-solicitation terms.
AustraliaEmployment and HR
Piper Alderman
Piper Alderman
Article

Key Takeaways | NFP Boardroom Lunch 2026

Senior leaders from Australia's not-for-profit sector gathered to discuss the evolving challenges and opportunities facing their organisations in 2026. The boardroom lunch explored critical issues including governance frameworks, regulatory compliance, workforce sustainability, NDIS reform, and the strategic implications of artificial intelligence and data management for charitable organisations navigating an increasingly complex operating environment.
AustraliaCorporate/Commercial Law
Piper Alderman
Piper Alderman
Article

The Wait Is Over… Or Is It? The 30% Minimum Tax Exposure Draft Legislation Provides Answers, But Questions Remain

The Australian Treasury has released exposure draft legislation detailing the implementation of a 30% minimum tax on discretionary trusts, introducing a new election regime that allows trusts to nominate fixed distribution entitlements and avoid the minimum tax. While the draft addresses stakeholder feedback and provides rollover relief for restructuring, it presents complex compliance requirements, strict limitations on beneficiary variations, and potential resettlement issues that may create challenges
AustraliaTax
Piper Alderman
Piper Alderman
Article

AI Governance Is A Board Issue: Are You Equipped To Answer The Tough Questions?

As artificial intelligence becomes deeply embedded in organisational operations and decision-making, boards face a critical governance challenge: could they explain and defend their AI use if called before a regulator or Royal Commission tomorrow? This article examines why AI governance has become a board-level issue and what evidence organisations would need to produce under regulatory scrutiny.
AustraliaCorporate/Commercial Law
Piper Alderman
Piper Alderman
Article

Victorian Construction Industry Royal Commission: What It Means For Project Participants

The Victorian Government has launched a Royal Commission into the Integrity of Major Public and Civil Infrastructure Construction Projects, examining allegations of corruption, criminal conduct and serious misconduct across major construction projects. The inquiry will scrutinise procurement practices, labour hire arrangements, subcontracting models, supply chains, project governance and government oversight, with implications extending far beyond Victoria's borders.
AustraliaGovernment, Public Sector
Piper Alderman
Piper Alderman
Article

Stepping-Stone Claims: The Next Wave Of Director Liability In Australia

Australian directors face a new frontier of personal liability through "stepping-stone" claims, where shareholders use a company's regulatory breach as the foundation to pursue directors for failing to prevent corporate wrongdoing. This emerging litigation strategy, backed by well-funded private litigants, threatens to expose directors to penalties worth tens of millions of dollars, fundamentally reshaping the risk landscape for corporate governance in Australia.
AustraliaCorporate/Commercial Law
Piper Alderman
Piper Alderman
Article

South Australian Royal Commission Into Artificial Intelligence: What Businesses Need To Know Now

South Australia has announced a Royal Commission into Artificial Intelligence, set to commence in October 2026 and deliver findings by July 2027. The inquiry will examine AI's economic and social impacts across policy, education, public services, workforce transformation, and infrastructure. Businesses using or developing AI should prepare for potential regulatory reforms and consider engaging with the inquiry process.
AustraliaTechnology
Piper Alderman
Piper Alderman