CP 132 Trustee companies: Financial requirements and conduct obligations

Released 15 March 2010. Comments closed 7 April 2010.

This consultation paper sets out ASIC’s proposals on the financial resource requirements to apply to trustee companies that provide traditional trustee company services (traditional services).

The purpose of this paper is to seek the views of trustee companies, their clients and legal advisers, and other interested parties on the proposals we have developed about financial requirements and risk management for trustee companies. We also seek comments on whether we should provide guidance on any other conduct obligations that trustee companies providing traditional services should meet.

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Last updated: 15/03/2010 12:00