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Showing 1 - 6 of 6 results for "eligible international emissions unit"

ASIC clarifies licensing rules for carbon market

ROSE MARY PETRASS  |  WEDNESDAY, 9 OCT 2024  |  NEWS
Advisors and traders are not the only carbon market participants that must comply with tricky licensing laws as Safeguard Mechanism reforms kick in. According to the corporate regulator, other market players may need a license. From this financial year ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... carbon product- safeguard mechanism credit units (SMCs)-from January 2025. SMCs are a type of eligible international emissions unit (EIEU) and therefore regulated as a financial product under the Corporations Act 2001 (Corporations Act). "We are proposing ...

Government drafts legislation to bring forward ETS timeline

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2013  |  NEWS
The Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education (DIICCSRTE) has released two draft bills to implement the changes required to bring forward the move to the flexible emissions trading scheme (ETS) carbon ...

ASIC affirms October deadline for carbon trading AFS licence

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Institutions that intend to provide financial services in carbon units under the federal pricing regime have until the end of October to apply to the Australian Securities and Investments Commission (ASIC) for an Australian financial services (AFS) ...

Clean Energy Regulator and ASIC to work together

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 JUN 2012  |  NEWS
The Clean Energy Regulator (CER) and the Australian Securities and Investments Commission (ASIC) have signed an agreement outlining how they will manage regulatory responsibilities under the forthcoming carbon pricing regime. The CER administers a number ...

ASIC details AFS licence process for carbon credit trade

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
The Australian Securities and Investments Commission (ASIC) has published the details of how to register for the licensing process for those intending to provide financial services in carbon units under the federal pricing regime. ASIC will accept registration ...
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