ASIC v Union Standard International Group Pty Ltd – the extra-territorial reach of an Australian Financial Service Licensee’s obligation to act efficiently, honestly and fairly
By: Cain Jackson and Samantha Younane ASIC v Union Standard International Group Pty Ltd (No 4) [2024] FCA 1481 At a glance The Federal Court has determined that the obligation to act efficiently, honestly and fairly extends to services provided to clients outside Australia. The decision highlights risks for AFSLs providing products like CFDs to […]









