kaal:claim:3117224-026

In Australia, an ICO that falls under the Corporations Act triggers additional disclosure requirements, for example where the ICO constitutes a managed investment scheme.

Source quote, verbatim

If an ICO/cryptocurrency falls under the Corporations Act, additional disclosures are triggered. For instance, an ICO might trigger a disclosure requirement if the ICO is a managed investment scheme (MIS).

From

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018), IV. Regulatory Responses, p. 15
https://ssrn.com/abstract=3117224 · source PDF

Cite as

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224

Holds when

Australia

Classification

conditionsupport: evidenceddisclosure

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