New and updated ASIC regulatory publications since 1 March 2020

To assist users during the COVID-19 pandemic, we are publishing this weekly tracker of ASIC regulatory document updates.

It lists and includes links to all new and updated regulatory guides, information sheets, reports and consultation papers issued by ASIC and published on our website.

It also includes links to legislative instruments (including rules, determinations and waivers) made by ASIC which are published on the Federal Register of Legislation, and information about instruments which provide relief to individual entities where this is related to COVID-19.

This weekly tracker supplements our existing consolidated regulatory document update tables, which are published monthly.

Items are listed in reverse chronological order.

Week beginning 23 November 2020

Date Regulatory document Description
27/11/2020 CP 334 Proposed changes to simplify the ASIC Derivative Transaction Rules (Reporting): First consultation

Attachment to CP 334 (Word 146 KB)

Sets out ASIC's first proposals to amend the ASIC Derivative Transaction Rules (Reporting) 2013 made under s901A of the Corporations Act.
27/11/2020 Draft INFO 000 Claims handling and settling (PDF 644 KB)

Draft C12 proof on insurance claims handling and settling (PDF 90 KB)

Released to give persons providing claims handling and settling services as much time as possible to consider whether they need to obtain (or vary) an AFS licence, and if so, what they will need to do, when the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 passes the Australian Parliament: see 20-300MR
25/11/2020 INFO 129 National credit laws and book up: What you need to know (reissued)

INFO 213 Marketplace lending (peer-to-peer lending) products (reissued)

Information sheets related to consumer credit have been updated to:
  • include a note about the Australian Government’s announcement relating to proposed reforms to the responsible lending obligations contained in Ch 3 of the National Credit Act
  • remove references to transitional arrangements, and
  • reflect current ASIC guidance and information.
25/11/2020 ASIC Corporations (Amendment) Instrument 2020/1080 Amends the following instruments to extend financial reporting relief to account for the ongoing impacts of the COVID-19 pandemic:
  • ASIC Corporations (Exempt Proprietary Companies) Instrument 2015/840
  • ASIC Corporations (Wholly-owned Companies) Instrument 2016/785
  • ASIC Corporations (Extended Reporting and Lodgment Deadlines—Unlisted Entities) Instrument 2020/395
  • ASIC Corporations (Extended Reporting and Lodgment Deadlines—Listed Entities) Instrument 2020/451

See 20-276MR (issued 11/11/2020)

24/11/2020 ASIC (Supervisory Cost Recovery Levy—Annual Determination) Instrument 2020/1073

ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2020/1074

Specifies:
  • certain matters about size and composition of ASIC’s regulated population and of the metrics that apply to each industry sub-sector within that regulated population for the 2019-20 financial year, and
  • ASIC’s regulatory costs and their attribution to each industry sub-sector for the 2019-20 financial year.

Week beginning 16 November

Date Regulatory document Description
20/11/2020 REP 673 Consumer engagement in insurance in super Presents findings from research exploring the experiences of superannuation fund members, who were not using a financial adviser and directly contacted their fund to make enquiries about or make changes to their insurance arrangements: see 20-293MR
20/11/2020 INFO 251 AFS licensing requirement for trustees of unregistered managed investment schemes (new)

RG 36 Licensing: Financial product advice and dealing (updated)

 

 Provides guidance on the application of the exemptions in s911A(2)(a) and 911A(2)(b) of the Corporations Act to trustees issuing, varying or disposing of interests in unregistered managed investment schemes that are financial products, and notes added to RG 36 at paras RG 36.63 and RG 36.64 to refer to INFO 251.
19/11/2020 CP 333 Implementing the Royal Commission recommendations: Reference checking and information sharing Seeks feedback on ASIC's proposed approach to implementing aspects of the law reform arising from Royal Commission Recommendations 1.6 and 2.7. These recommendations relate to the reference checking and information sharing protocol for financial advisers and mortgage brokers: see 20-291MR, draft instrument (PDF 268 KB) and draft information sheet (PDF 326 KB).
17/11/2020 CP 332 Promoting access to affordable advice for consumers Seeks information from financial advice industry participants and other stakeholders on impediments to the delivery of good-quality affordable personal advice, particularly access to quality 'limited advice': see 20-285MR
16/11/2020 REP 672 Buy now pay later: An industry update Sets out ASIC’s key observations about the buy now pay later industry, the experiences of consumers and recent regulatory developments: see 20-280MR

Week beginning 9 November 2020

Date Regulatory document Description
11/11/2020 REP 671 Licensing and professional registration activities: 2020 update Annual report for AFS licensees, credit licensees, lawyers, application service providers and professionals working in financial services that are interested in the licensing and professional registration functions of ASIC, inlcuding the impact of COVID-19: see 20-275MR
10/11/2020 Addendum to CP 330 Seeks further feedback on ASIC's proposed use of its product intervention powers to address significant detriment in relation to continuing credit contracts: see 20-274MR, CP 330 and draft instrument

Week beginning 26 October 2020

Date Regulatory document Description
30/10/2020 ASIC Market Integrity Rules (Securities Markets) Class Waiver Amendment Instrument 2020/877 Amends ASIC Market Integrity Rules (Securities Markets) Class Waiver 2018/258
27/10/2020 ASIC Market Integrity Rules (Securities Markets) Class Waiver Instrument 2020/870 Waives Market Participants of securities markets from certain obligations in Part 2.4 of the ASIC Market Integrity Rules (Securities Market) 2017

Week beginning 19 October 2020

Date Regulatory document Description
23/10/2020 ASIC Annual Report 2019–20 Record of ASIC’s activities and performance for 2019–20, including its response to the COVID-19 pandemic: see 20-255MR
23/10/2020 ASIC Corporations (Product Intervention Order—Contracts for Difference) Instrument 2020/986 Imposes conditions on the issue and distribution of contracts for difference (CFDs) to retail clients: see public notice (PDF 182 KB) and 20-254MR
22/10/2020 RG 6 Takeovers: Exceptions to the general prohibition (reissued)

RG 111 Content of expert reports (reissued)

Updated to formalise ASIC's policy on when we will give Chapter 6 relief for share transfers under s444GA of the Corporations Act: see REP 670 and 20-253MR
22/10/2020 INFO 101

INFO 103

INFO 104

INFO 105

INFO 109

INFO 126

INFO 128

INFO 140

INFO 146

INFO 185

(reissued)

Information sheets related to consumer credit have been updated to:
  • reflect current ASIC guidance and information
  • remove references to transitional arrangements
  • update penalties information (to account for legislative amendments)
  • replace references to EDR schemes with AFCA, and
  • in INFO 105, clarify our guidance regarding hardship notices and variations.
22/10/2020 RG 204 Applying for and varying a credit licence (reissued) Internal dispute resolution requirements updated to reflect the release of RG 271. Licence application fees information also updated.
20/10/2020 INFO 210 Unfair contract term protections for consumers (reissued)

INFO 211 Unfair contract term protections for small businesses (reissued)

Updated to provide information about how unfair contract term protections will apply to insurance contracts from 5 April 2021: see 20-248MR

Week beginning 12/10/2020

Date Regulatory document Description
16/10/2020 ASIC Credit (Amendment) Instrument 2020/963 Amends ASIC Credit (Deferral of Mortgage Broker Obligations) Instrument 2020/487 to extend the deferral to benefits paid in relation to credit services provided before 1 January 2021.

Week beginning 28 September 2020

Date Regulatory document Description
29/9/2020 ASIC Regulated Foreign Markets Determination (Amendment) Instrument 2020/828 Amends ASIC Regulated Foreign Markets Determination [OTC DET 13/1145] to update the list of Regulated Foreign Markets.
29/9/2020 ASIC Corporations (Amendment) Instrument 2020/827 Amends ASIC Corporations (Derivative Transaction Reporting Exemption) Instrument 2015/844
28/9/2020 RG 97 Disclosing fees and costs in PDSs and periodic statements (reissued)

ASIC Corporations (Amendment) Instrument 2020/853

Amended to clarify that when the total amount of administration fees and costs for a superannuation product includes an amount that applies regardless of the balance, issuers must disclose that amount separately.
28/9/2020 ASIC Credit (Notice Requirements for Unlicensed Carried Over Instrument Lenders) Instrument 2020/834

ASIC Credit (Electronic Precontractual Disclosure) Instrument 2020/835

ASIC Credit (Repeal) Instrument 2020/836

Remakes sunsetting Class Orders [CO 10/381] and [CO 10/1230] relating to credit: see 20-225MR

Week beginning 21 September 2020

Date Regulatory document Description
25/9/2020 ASIC Corporations (Amendment) Instrument 2020/885 Amends ASIC Corporations (COVID-19 — Distribution of Debit Cards) Instrument 2020/401 to extend the relief granted for issuance of debit cards until 31 December 2020.
24/9/2020 ASIC Corporations (Stub Equity in Control Transactions) Instrument 2020/734

RG 9 (reissued)

RG 60 (reissued)

Modifies the Corporations Act to prevent stub equity offers of scrip in a proprietary company being made to large numbers of retail target holders in takeover bids and schemes of arrangement: see REP 669 and 20-222MR
22/9/2020 REP 666 ASIC Enforcement Update: January to June 2020 ASIC’s overview of enforcement outcomes, priorities and cases during the period 1 January 2020 to 30 June 2020, including the impact of the COVID-19 pandemic: see 20-217MR
22/9/2020 REP 668 Allocations in debt capital market transactions Outlines findings from ASIC’s surveillance of market practices in debt capital market transactions and sets out better practice guidelines: see 20-219MR
22/9/2020 ASIC Corporations (Amendment) Instrument 2020/853 Amends ASIC Corporations (Disclosure of Fees and Costs) Instrument 2019/1070 to clarify the intended operation of an aspect of the fees and costs disclosure regime applying to superannuation products.

Week beginning 14 September 2020

Date Regulatory document Description
18/9/2020 ASIC Corporations (Amendment) Instrument 2020/862 Extends the end dates for three COVID-19 related instruments applying to capital raisings and financial advice:
  • ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547
  • ASIC Corporations (Trading Suspensions Relief) Instrument 2020/289, and
  • ASIC Corporations (COVID-19 – Advice-related Relief) Instrument 2020/355

See 20-220MR

Week beginning 7 September 2020

Date Regulatory document Description
11/9/2020
  • ASIC Market Integrity Rules (Securities Markets) Determination 2020/830
  • ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2020/831
Maintains ASIC's policy of determining allocation of Tier 2 equity market products.
10/9/2020 ASIC Corporations and Credit (Repeal) Instrument 2020/839 Repeals ASIC Corporations (Concept Validation Licensing Exemption) Instrument 2016/1175 and ASIC Credit (Concept Validation Licensing Exemption) Instrument 2016/1176: see 20-195MR, and Enhanced regulatory sandbox webpage

Week beginning 31 August 2020

Date Regulatory document Description
31/8/2020 ASIC Corporate Plan 2020–2024 Outlines our five strategic priorities over the next four years to address the impact of the COVID-19 pandemic and longer term threats and harms in our regulatory environment: see 20-202MR
31/8/2020 RG 217 Duty to prevent insolvent trading: Guide for directors (reissued) Minor update to remove obsolete language relating to ‘cheques’, update the meaning of ‘external administrator’ and ‘registered liquidator’ in the key terms, and update pecuniary penalties to account for legislative amendments.

Week beginning 24 August 2020

Date Regulatory document Description
27/8/2020 ASIC Corporations (Amendment) Instrument 2020/721

ASIC Corporations (IPO Communications) Instrument 2020/722

RG 5 (reissued)

RG 254 (reissued)

Relief to help reduce red tape for companies undertaking an initial public offer: see 20-198MR and REP 667
26/8/2020 ASIC Corporations (Hardship Withdrawals Relief) Instrument 2020/778

INFO 249 Frozen funds – Information for responsible entities (new)

RG 136 (revised)

NOTE: INFO 159 Your investments: Frozen funds and hardship payments has been withdrawn

Provides updated guidance on new relief measures for operators of frozen funds to facilitate withdrawals by members facing financial hardship during the COVID-19 pandemic: see 20-197MR and hardship withdrawals for members of frozen funds webpage
25/7/2020 INFO 248 Enhanced regulatory sandbox (new)

NOTE: RG 257 has been withdrawn

Provides guidance for innovative financial businesses wanting to test their products and services under the Australian Government’s enhanced regulatory sandbox, scheduled to commence on 1 September 2020: see 20-195MR and Enhanced regulatory sandbox webpage

Week beginning 17 August 2020

Date Regulatory document Description
20/7/2020 ASIC Corporations (Litigation Funding Schemes) Instrument 2020/787 Provides exemptions to facilitate the implementation of the regulatory framework for litigation funding schemes commencing on 22 August 2020: see 20-192MR and No-action position (PDF 97KB).

Week beginning 10 August 2020

Date Regulatory document Description
12/8/2020
(reissued)
Information sheets related to insolvency have been updated to ensure currency and modernise language.

Week beginning 27 July 2020

Date Regulatory document Description
30/7/2020 RG 271 Internal dispute resolution (new)

REP 665 Response to submissions on CP 311 Internal dispute resolution: Update to RG 165

ASIC Corporations, Credit and Superannuation (Internal Dispute Resolution) Instrument 2020/98

See also:

Updated requirements for how financial firms deal with consumer and small business complaints under their internal dispute resolution (IDR) procedures: see 20-171MR and article
29/7/2020 CP 331 Remaking ASIC class orders on unlicensed COI lenders and credit disclosure obligations Sets out our proposals to remake sunsetting Class Orders [CO 10/381] and [CO 10/1230]: see 20-170MR
27/7/2020 RG 21

RG 51

RG 107

RG 126

RG 208

(reissued)

Updates to reflect that the ASIC Regulatory Portal is now the primary way to submit applications for relief and various fundraising and corporate finance documents to ASIC: see news item

Week beginning 20 July 2020

Date Regulatory document Description
23/7/2020 RG 97 Disclosing fees and costs in PDSs and periodic statements (reissued) Minor amendments to adjust the transitional timeframes in response to COVID-19: see 20-167MR and 2020/579

Week beginning 13 July 2020

Date Regulatory document Description
14/7/2020 INFO 177 Quarterly cash equity market data release: Methodology and definitions (reissued) Minor updates to reference current ASIC market integrity rules and regulatory guides, and reflect changes that we’ve made to streamline and simplify the calculation of several metrics and selection of instruments.

Week beginning 6 July 2020

Date Regulatory document Description
9/7/2020 CP 330 Using the product intervention power: Continuing credit contracts Sets out ASIC’s proposal for using our product intervention power in relation to continuing credit products: see 20-159MR

Week beginning 29 June 2020

Date Regulatory document Description
30/6/2020 INFO 246 Company auditor obligations under the whistleblower protection provisions (new)

INFO 247 Company officer obligations under the whistleblower protection provisions (new)

Guidance for companies and audit firms to develop arrangements for handling whistleblower disclosures that are effective and tailored to their circumstances: see news item

Week beginning 22 June 2020

Date Regulatory document Description
25/6/2020 ASIC Corporations (Approval of Variation of March 2020 Banking Code of Practice) Instrument 2020/602 Variation of the Banking Code of Practice inserting a Special Note to allow for special application of Code provisions during COVID-19 until March 2021: see 20-148MR
25/6/2020 ASIC Corporations, Superannuation and Credit (Amendment) Instrument 2020/99 Amends the ASIC Corporations, Credit and Superannuation (Internal Dispute Resolution— Transitional) Instrument 2019/965 to preserve ASIC's existing internal dispute resolution policy in relation to complaints received by financial firms before 5 October 2021.
24/6/2020 RG 273 Mortgage brokers: Best interests duty (new) Guide for mortgage brokers and other relevant Australian credit licensees explaining what ASIC looks for when we assess compliance with the best interests obligations in Pt in Pt 3-5A of the National Credit Act which commence on 1 January 2021: see 20-146MR and REP 662
24/6/2020 ASIC Corporations (COVID-19 Email Lodgement Service—ASIC Corporations (Wholly-owned Companies) Instrument 2016/785) Instrument 2020/612 Facilitates the electronic signing and lodgement of documents under ASIC Corporations (Wholly-owned Companies) Instrument 2016/785 during COVID-19: see INFO 24
23/6/2020 REP 664 Overview of decisions on relief applications (October 2019 to March 2020) Outlines some of our decisions on relief applications from 1 October 2019 to 31 March 2020, summarising examples of situations where we have exercised, or refused to exercise, ASIC’s exemption and modification powers: see 20-144MR

Week beginning 15 June 2020

Date Regulatory document Description
19/6/2020 REP 663 Regulator Performance Framework: ASIC self-assessment 2018–19 The Regulator Performance Framework provides a set of six common key performance indicators (KPIs) for Australian Government regulators.
This report sets out our self-assessment of ASIC’s performance in 2018–19 against the KPIs.
19/6/2020 RG 58 Reporting by registered foreign companies and Australian companies with foreign shareholders (reissued)

RG 115 Audit relief for proprietary companies (reissued)

Minor updates to reflect the revised definition of a large proprietary company.
19/6/2020 RG 261 Crowd-sourced funding: Guide for companies (reissued) Minor update to reflect the revised definition of a large proprietary company and an increase in the maximum number of penalty units for directors who do not do everything reasonably necessary to appoint an auditor.
18/6/2020 ASIC Market Integrity Rules (Securities Markets) Class Waiver Amendment Instrument 2020/586 Amends ASIC Market Integrity Rules (Securities Markets) Class Waiver 2018/303 to extend the operation by an additional 19 months.
17/6/2020 RG 272 Product intervention power (new) Provides an overview of ASIC's product intervention power and explains:
  • the scope of the power;
  • when and how ASIC may exercise the power to make a product intervention order; and
  • how a product intervention order is made.

See 20-139MR and REP 661

Week beginning 8 June 2020

Date Regulatory document Description
12/6/2020 Draft Cost Recovery Implementation Statement 2019-20 Provides an estimate of ASIC’s regulatory costs for 2019-20, to give industry an indication of what levy costs to expect when actual regulatory costs are published in December 2020, with invoices issued in January 2021.

Also details ASIC’s actual regulatory costs for 2018-19.

This draft CRIS is open for feedback until 24 July 2020: see 20-134MR

12/6/2020 INFO 245 Board oversight of executive variable pay decisions during the COVID-19 pandemic (new) Released to assist boards and remuneration committees of listed companies to navigate decisions on executive variable pay in the context of COVID-19: see 20-133MR
11/6/2020 ASIC Corporations (Amendment) Instrument 2020/565 Specifies an end date for three COVID-19 related instruments relating to capital raisings and financial advice:
  • ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547
  • ASIC Corporations (Trading Suspensions Relief) Instrument 2020/289, and
  • ASIC Corporations (COVID-19 – Advice-related Relief) Instrument 2020/355

See 20-135MR

11/6/2020 ASIC’s Interim Corporate Plan 2020-21 and updated work program Sets out five targeted, strategic priorities to address COVID-19 related challenges and updates ASIC’s revised work program for this period.

Week beginning 1 June 2020

Date Regulatory document Description
4/6/2020
  • ASIC Market Integrity Rules (Securities Markets) Determination 2020/561
  • ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2020/562
Maintains ASIC’s policy of determining the allocation of Equity Market Products to tiers.

Week beginning 18 May 2020

Date Regulatory document Description
22/5/2020
  • ASIC Corporations (Deferral of Design and Distribution Obligations) Instrument 2020/486
  • ASIC Credit (Deferral of Mortgage Broker Obligations) Instrument 2020/487
Relief deferring the commencement date of the mortgage broker best interest duty and remuneration reforms, and the design and distribution obligations, for six months due to the impact of COVID-19: see 20-109MR

Week beginning 11 May 2020

Date Regulatory document Description
15/5/2020
  • ASIC Corporations (Extended Reporting and Lodgment Deadlines—Listed Entities) Instrument 2020/451
  • ASIC Corporations (Amendment) Instrument 2020/452
Relief to assist listed and unlisted entities affected by the impacts of COVID-19 by enabling them more time to report and have audits: see 20-113MR

Week beginning 4 May 2020

Date Regulatory document Description
7/5/2020 ASIC Corporations (AFCA Regulatory Requirement) Instrument 2020/0433 Imposes additional conditions on the AFCA scheme relating to 'SMEG Loans' and repayment deferrals for business loans impacted by COVID-19.
6/5/2020 Retail investor trading during COVID-19 volatility Outlines early observations by ASIC on trading in securities and contracts for difference (CFDs) during the volatility caused by the COVID-19 pandemic: see 20-102MR
4/5/2020 Instrument 20-0430 Six month conditional relief granted to Macquarie Bank and related entities from the requirement to give customers Form 11A direct debit default notices under s 87 of the National Credit Code, while it sends modified communication and relaxes collection and enforcement processes as a result of COVID-19.

Week beginning 27 April 2020

Date Regulatory document Description
29/4/2020 REP 660 ASIC Enforcement Update July to December 2019 ASIC’s overview of enforcement outcomes, priorities and cases during the period 1 July 2019 to 31 December 2019: see 20-099MR

Week beginning 20 April 2020

Date Regulatory document Description
24/4/2020 ASIC Corporations (COVID-19 – Distribution of Debit Cards) Instrument 2020/401 Relief to allow the distribution of debit cards to existing customers without debit cards – including vulnerable and elderly consumers – in response to COVID-19.
22/4/2020
  • ASIC Corporations (Extended Reporting and Lodgment Deadlines—Unlisted Entities) Instrument 2020/395
  • ASIC Corporations (Amendment) Instrument 2020/396
Relief extending the deadline for unlisted entities to lodge financial reports by one month for balance dates from 31 December 2019 to 31 March 2020 to account for possible impacts of COVID-19: see 20-084MR
20/4/2020 REP 659 ASIC regulation of corporate finance: July to December 2019 Twelfth and final report on ASIC's oversight of corporate finance activity covering 1 July 2019 to 31 December 2019. To be replaced by quarterly newsletters: see 20-093MR

Week beginning 14 April 2020

Date Regulatory document Description
14/4/2020 INFO 230 Exchange traded products: Admission guidelines (reissued) Updated to:
  • outline measures firms should take to manage market integrity risks associated with internal market making
  • provide guidance on improving internal marking making practices, and
  • make peripheral updates to reflect recent changes in the market.

See 20-088MR and 19-348MR

14/4/2020 ASIC Corporations (COVID-19—Advice-related Relief) Instrument 2020/355 Prescribes relief measures to facilitate affordable and quality financial advice during the COVID-19 pandemic: see 20-085MR and no-action position for superannuation trustees.
14/4/2020 REP 658 ASIC regulation of registered liquidators: July 2018 to June 2019 Eighth overview of ASIC’s regulation of registered liquidators covering 1 July 2018 to 30 June 2019.

Week beginning 6 April 2020

Date Regulatory document Description
9/4/2020 REP 657 Survey of crowd-sourced funding intermediaries: 2018–19 Outlines the findings from ASIC’s second crowd-sourced funding (CSF) industry survey covering 1 July 2018 to 30 June 2019. 

Week beginning 30 March 2020

Date Regulatory document Description
1/4/2020 Reissued regulatory guides:

Reissued information sheets:

New information sheet:

Other documents:

 

New and updated regulatory guidance to reflect:
  • amendments made by the Stronger Regulators Act, which commenced on 18 February 2020, including the extension of the fit and proper person test for credit licensees and the introduction of such a test for AFS licensees,
  • the implementation of a modified AFS licensing regime for foreign financial services providers, which commenced on 1 April 2020 with a two-year transition period (see 20-058MR), and
  • the introduction of general conduct obligation penalties for AFS licensees and credit licensees made by the Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Act 2019.
31/3/2020 INFO 243 Licensing requirements for providers of funeral expenses facilities (new) Guidance on AFS licensing requirements applying from 1 April 2020: see 20-076MR
31/3/2020
  • ASIC Corporations (Trading Suspensions Relief) Instrument 2020/289
  • ASIC Corporations (Amendment) Instrument 2020/290
Temporary relief to facilitate 'low doc' capital raisings during COVID-19: see 20-075MR
30-31/3/2020
  • RG 16 External administrators - Reporting and lodging (reissued)
  • RG 34 Auditor’s obligations: Reporting to ASIC (reissued)
  • RG 78 Breach reporting by AFS licensees (reissued)
  • RG 109 Assetless Administration Fund: Funding criteria and guidelines (reissued)
  • INFO 29 External administration, controller appointments and schemes of arrangement - most commonly lodged forms (flowcharts 1, 2, 5, 8 and 9) (reissued)
Minor technical updates for ASIC Regulatory Portal enhancements which replace existing channels:
  • registered company auditors and AFS licensees will now submit breach reports via the portal, and
  • registered liquidators can now submit a range of regulatory reports and requests through the portal.

Week beginning 23 March 2020

Date Regulatory document Description
26/3/2020 ASIC Corporations (Amendment) Instrument 2020/242 Amends Instrument 2015/844
24/3/2020 INFO 157 Foreign financial services providers: Practical guidance on transitional arrangements (reissued) Minor amendments to requirements for lodging and certification of documents in support of applications for equivalence relief

Week beginning 16 March 2020

Date Regulatory document Description
20/3/2020 ASIC Corporations (Amendment) Instrument 2020/149 Amends Instrument 2018/209
18/3/2020 ASIC Market Integrity Rules (Futures Markets) Class Waiver Amendment Instrument 2020/229 Extends Class Waiver 2018/313 until 18/3/2022
17/3/2020 RG 251 Derivative transaction reporting (reissued) Guidance updated for minor Brexit-related changes

Week beginning 9 March 2020

Date Regulatory document Description
10/3/2020
  • RG 176 Foreign financial services providers (reissued)
  • REP 656 Response to submissions on CP 301 and CP 315 on foreign financial services providers
  • INFO 157 Foreign financial services providers: Practical guidance on transitional arrangements (reissued 13/3/2020)
Updated for the introduction of ASIC’s new regulatory framework for FFSPs: see 20-058MR and Instruments 2020/198, 2020/199 and 2020/200
10/3/2020 CP 329 Implementing the Royal Commission recommendations: Advice fee consents and independence disclosure See 20-056MR

Week beginning 2 March 2020

Date Regulatory document Description
4/3/2020 ASIC Market Integrity Rules (Securities Markets) Determination 2020/195 Replaces Determination 2019/1226
4/3/2020 ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2020/196 Repeals Determination 2019/1226 which is superseded by Determination 2020/195
2/3/2020 INFO 242 ASIC’s document production guidelines (new) Overview of ASIC’s new document production guidelines. See 20-051MR and INFO 145
Last updated: 27/11/2020 03:04