CP 378 Safeguard mechanism reforms: Updates to RG 236
Released 6 May 2024. Comments close 3 June 2024.
ASIC is proposing to update Regulatory Guide 236 Do I need an AFS licence to participate in carbon markets? (RG 236) to address the safeguard mechanism reforms.
The proposed updates also address changes that have occurred since RG 236 was last re-issued in May 2015, particularly in relation to Australian Carbon Credit Units (ACCUs).
This guidance is intended to assist participants in carbon markets understand their Australian financial services (AFS) licensing requirements.
We have today released a consultation paper on these proposed updates. We seek feedback by 3 June 2024.