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The Australian government is ready to relief for foreign financial companies

The Australian government is ready to relief for foreign financial companies

The authorities started a discussion about relief for foreign financial service providers (FFSPs).

It is needed to note that the government notified that it would consult on abilities to recover previously well-established regulatory relief and the ability to integrate a quick licensing procedure for companies that plan to have stable transactions within the country.

These companies give access to their customers from Australia. So, consumers are able to have a wide range of investment capabilities available in other countries.

In addition, FFSPs also attract investors and funding into Australia.

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