CP 107 Securities lending and substantial holding disclosure
Released 3 July 2009. Comments closed 7 August 2009.
In this consultation paper, we are seeking to improve disclosure of substantial holdings that may arise from participation in securities lending or prime broking.
The paper explains how the concept of relevant interests in s608 and 609 and the substantial holding disclosure requirements in s671B of the Corporations Act 2001 (Corporations Act) apply to securities lending and prime broking.
We ask for feedback from you on whether ASIC should modify the substantial holding disclosure requirements for securities lending and prime broking to ensure that the market has useful information within the required time frames.
|Australian Bankers' Association|
|Australian Custodial Services Association|
|Australian Financial Markets Association|
|Law Council of Australia|
|National Australia Bank|
|Securities & Derivatives Industry Association|