Financial Advisors Act

We have recently sucessfully registered one of our commercial clients as a Financial Adviser under the Financial Advisers Act. Although this Act came into force in 2008, 1 December 2010 was the deadline for regstration of entities under the Act. Our client is a propery developer that provides occasional lending on land and building packages. Our advice alerted them to the potential implications of the Financial Advisers Act for their business and, as a result of our advice, registration was completed.   This is a great example of how we work together with our clients to identify and implement sound legal solutions for complex business problems.