CP 319 Securities lending by agents and substantial holding disclosure

Released 29 July 2019. Comments closed 9 September 2019.

This paper explains how the concept of relevant interest in s608 and 609 of the Corporations Act applies to agent lending and the substantial holding disclosure requirements in s671B.

We are seeking feedback on whether we should give relief to agent lenders that is consistent with our policy in Regulatory Guide 222 Substantial holding disclosure: Securities lending and prime broking and the relief provided under Class Order [CO 11/272].

Note: We are proposing to replace [CO 11/272] with a legislative instrument that includes all the relief currently in [CO 11/272] plus our proposed relief for agent lenders.

Download

 

Last updated: 11/11/2021 08:20