Senate debates Bills
Treasury Laws Amendment (2018 Measures No. 2) Bill 2019; In Committee
Jane Hume Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology
9:17 pm
The exemption is for the product, not the advisers. Any adviser still has to be licensed. They still have to have products on an approved product list. I doubt there would be an approved product list that would have on it a fintech product that had been listed in the ASIC sandbox a couple of weeks before. That just seems an unlikely scenario.
No comments