Regulatory tracker 2023
The tracker lists and includes links to all new and updated regulatory guides, information sheets, reports, consultation papers, legislative instruments and other documents that have regulatory effect (e.g. ASIC's corporate plans and annual reports), were issued by ASIC, and published on our website in 2023.
Items in this weekly tracker are listed in reverse chronological order and can be refined using the filter options below.
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December 2023
- Legislative Instruments21/12/2023
ASIC Superannuation (Disclosure and Reporting Consistency Obligations) Instrument 2023/941
ASIC Superannuation (Repeal) Instrument 2023/942
Extends the exemption granted to superannuation trustees from disclosure and reporting consistency obligations under subsection 29QC(1) of the Superannuation Industry (Supervision) Act 1993 until 1 January 2026, replacing Class Order [CO 14/541].
Related documents
ASIC temporarily extends relief from disclosure and reporting consistency obligations for super trustees (news item)
- Regulatory guides, Info sheets19/12/2023
RG 78 Breach reporting by AFS licensees and credit licensees (reissued)
INFO 229 Limited AFS licensees: Complying with your licensing obligations (updated)
INFO 259 Complying with the notify, investigate and remediate obligations (updated)
Updated to account for registration of the ASIC Corporations and Credit (Amendment) Instrument 2023/589 which amended the ASIC Corporations and Credit (Breach Reporting—Reportable Situations) Instrument 2021/716 to include new sections that modify the reportable situations regime so that licensees have not had to submit notifications about certain reportable situations from 20 October 2023.
Related documents
Reportable situations regime: ASIC modifies licensees’ obligations (news item 19/10/2023)
- Info sheets18/12/2023
INFO 277 Registration of relevant providers: Guidance on making declarations (updated)
Minor technical amendments made to Questions 5 and 7 related to self-declarations made as part of the experienced provider pathway.
- Notifiable instruments18/12/2023
ASIC Superannuation (Notice of disqualification–Stephen Bray) Instrument 2023/926
ASIC Superannuation (Notice of disqualification—Terence Murphy) Instrument 2023/936
SMSF auditor disqualification notices under section 130F(2) of the Superannuation Industry (Supervision) Act 1993
- Other15/12/2023
ASIC industry funding: Annual dashboard and summary of variances
Outlines regulatory costs by sector and subsector under the industry funding model.
The dashboard includes details about the variance between its estimated and actual costs by subsector.
Invoices for 2022-23 levies will be issued to entities between January and March 2024.
Related documents
ASIC industry funding: Release of 2022-23 annual dashboard and summary of variances (news item)
- Other14/12/2023
ASIC–APRA joint letter on premium increases in life insurance (PDF 205 KB)
Outlines ASIC and APRA’s observations from a joint review of life companies’ past practices, following concerns raised by ASIC and APRA in December 2022. The letter identifies regulatory expectations and areas for further industry focus in relation to future life insurance premium increases, disclosure and marketing materials, and product design.
Related documents
ASIC and APRA issue joint letter on premium increases in life insurance (news item)
- Determinations, Legislative Instruments7/12/2023
ASIC Market Integrity Rules (Securities Markets) Determination 2023/903
ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2023/904
Maintains ASIC's policy of determining the allocation of Equity Market Products to tiers.
Replaces ASIC Market Integrity Rules (Securities Markets) Determination 2023/707 (repealed 10 January 2024).
- Reports6/12/2023
REP 778 Review of online trading providers
Highlights ASIC’s observations from its surveillance of online trading providers in 2022-23, clarifies ASIC’s regulatory expectations and identifies a range of regulatory interventions ASIC has made.
Related documents
23-327MR ASIC intervenes to protect retail investors from high-risk offers and business practices
- Other4/12/2023
ASIC and AFCA memorandum of understanding
Memorandum of Understanding (MoU) between ASIC and the Australian Financial Complaints Authority (AFCA) for how ASIC and AFCA engage and continue working together to support a fair and efficient financial services sector.
Related documents
ASIC and AFCA sign memorandum of understanding (news item)
November 2023
- Legislative Instruments29/11/2023
ASIC Corporations (Amendment) Instrument 2023/876
Makes minor technical amendments to ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668 and ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
- Legislative Instruments29/11/2023
ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2023/833
Repeals ASIC Market Integrity Rules (Securities Markets) Class Waiver 2018/303 and ASIC Market Integrity Rules (Securities Markets) Class Waiver Instrument 2020/870.
- Info sheets28/11/2023
INFO 276 Registration for relevant providers (new)
INFO 277 Registration of relevant providers: Guidance on making declarations (new)
INFO 268 FAQs: Relevant providers who provide tax (financial) advice services (reissued)
Provides guidance to financial advisers and AFS licensees about the new requirement for financial advisers who provide personal advice to retail clients on relevant financial products to be registered with ASIC following the commencement of the Treasury Laws Amendment (2023 Measures No. 1) Act 2023.
Related documents
ASIC releases guidance on the registration of financial advisers (news item)
- Consultations24/11/2023
CP 374 Remaking ASIC class order on exchange traded funds: [CO 13/721]
Sets out ASIC’s proposals to remake Class Order [CO 13/721] Relief to facilitate quotation of exchange traded funds on the AQUA Market, which is due to expire (‘sunset’) on 1 April 2024 if not remade.
Related documents
ASIC consults on remaking class order on Exchange Traded Funds (ETFs) (News item)
- Consultations17/11/2023
CP 373 Proposed changes to the Banking Code of Practice
Seeks stakeholder views on proposed changes to the Australian Banking Association’s Banking Code of Practice in response to an independent review of the Code in 2021.
Related documents
23-306MR ASIC consults on ABA’s proposed changes to the banking code
- Consultations17/11/2023
CS 5 Extending parent entity financial reporting and auditor independence relief
Proposes extending the operation of two legislative instruments:
- ASIC Corporations (Auditor Independence) Instrument 2021/75 and
- ASIC Corporations (Parent Entity Financial Statements) Instrument 2021/195,
which are due to expire in April 2024, for a further five years.
Submissions close 8 December 2023.
A consultation paper was not issued for this consultation.
Related documents
ASIC proposes to extend parent entity financial reporting and auditor independence legislative instruments (news item)
REP 777 ASIC enforcement and regulatory update: July to September 2023
Provides an overview of ASIC’s work and key matters between 1 July and 30 September 2023, delivering against ASIC's strategic and enforcement priorities.
Related documents
- Consultations15/11/2023
CP 361a Follow-on consultation on changes to data elements and other minor amendments
Sets out proposals to amend the ASIC Derivative Transaction Rules (Reporting) 2024 made under s901A of the Corporations Act 2001 for certain data elements, consequential rule changes, and other minor changes. This consultation paper follows our first round of consultation in Consultation Paper 334 Proposed changes to simplify the ASIC Derivative Transaction Rules (Reporting): First consultation (CP 334) and our second round of consultation in Consultation Paper 361 Proposed changes to simplify the ASIC Derivative Transaction Rules (Reporting): Second consultation (CP 361).
- Reports13/11/2023
REP 776 Spotlight on cyber: Findings and insights from the cyber pulse survey 2023
Outlines key findings from the ASIC cyber pulse survey 2023. It summarises important trends, identifies areas for improvement and highlights better practices with practical examples.
Related documents
23-300MR ASIC calls for greater organisational vigilance to combat cyber threats
- Notifiable instruments10/11/2023
ASIC Superannuation (Notice of disqualification–Johann Heinrich Preller) Instrument 2023/819
SMSF auditor disqualification notice under section 130F(2) of the Superannuation Industry (Supervision) Act 1993
- Info sheets, Regulatory guides9/11/2023
INFO 105 FAQs: Dealing with consumers and credit (updated)
INFO 210 Unfair contract term protections for consumers (updated)
INFO 211 Unfair contract term protections for small businesses (updated)
RG 220 Early termination fees for residential loans: Unconscionable fees and unfair contract terms (reissued)
Updated guidance to reflect Unfair Contract Terms (UCT) reforms that commence on 9 November 2023.
Related documents
Unfair Contract Terms reforms commence (news item)
- Info sheets, Regulatory guides7/11/2023
INFO 268 FAQs: Relevant providers who provide tax (financial) advice services (reissued)
RG 175 Licensing: Financial product advisers—Conduct and disclosure (updated)
Updated to account for the commencement of the Treasury Laws Amendment (2023 Measures No. 3) Act 2023 which now allows financial advisers who are registered tax agents to satisfy the definition of a ‘qualified tax relevant provider’ without having to meet the requirements of Division 3 of Part 3 of the Corporations (Relevant Providers—Education and Training Standards) Determination 2021.
Related documents
Change to ‘qualified tax relevant provider’ definition for registered tax agents (news item)
- Legislative Instruments7/11/2023
ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2023/777
ASIC (Supervisory Cost Recovery Levy—Annual Determination) Instrument 2023/778
Specifies:
- ASIC’s regulatory costs and their attribution to each industry sub-sector, and
- 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,
under ASIC's industry funding model for the 2022-23 financial year.
- Legislative Instruments7/11/2023
ASIC Corporations (Amendment) Instrument 2023/825
Amends notional subsection 641(1) in ASIC Corporations (Takeover Bids) Instrument 2023/683 so that it is consistent with the Modernising Business Communications Act and corrects a typographical error in section 9.
- Notifiable instruments7/11/2023
ASIC Corporations (OVHcloud Employee Share Scheme Disclosure) Instrument 2023/826
Modifies Division 1A of Part 7.12 of the Corporations Act to apply in relation to OVH Groupe SA and subsidiaries of OVH Groupe SA.
- Consultations6/11/2023
CS 4 Extending relief from disclosure and reporting consistency obligations for super trustees
Proposes extending the exemption in Class Order [CO 14/541] RSE licensee s29QC SIS Act disclosure exemption for a period of two years until 1 January 2026.
Submissions close 4 December 2023.
A consultation paper was not issued for this consultation.
Related documents
- Info sheets3/11/2023
INFO 224 ASIC financial reporting and audit surveillances (reissued - changed title)
Reissued to incorporate information about the introduction of ASIC's integrated financial reporting and audit surveillance program.
Related documents
October 2023
- Reports31/10/2023
REP 775 Insights from the reportable situations regime: July 2022 to June 2023
ASIC’s second publication of the information provided under the reportable situations regime. It provides high-level insights into the trends observed in reports lodged by licensees under the regime between 1 July 2022 and 30 June 2023.
Related documents
23-288MR ASIC releases second publication on insights from the reportable situations regime
- Info sheets31/10/2023
INFO 278 Inventory of superannuation trustee transparency and disclosure obligations (reissued)
Technical updates to reflect changes to transparency and disclosure obligations brought about by the Treasury Laws Amendment (2022 Measures No. 4) Act 2023 and the Treasury Laws Amendment (Financial Reporting and Auditing of Registrable Superannuation Entities) Regulations 2023 and include some transparency and disclosure obligations in APRA standards and guidance.
- Regulatory guides31/10/2023
RG 134 Funds Management: Constitutions (reissued)
Technical update to reflect the release of the new legislative instruments that replace relief that was due to sunset.
Related documents
23-254MR ASIC remakes three ‘sunsetting’ class orders for managed funds
- Notifiable instruments31/10/2023
ASIC Superannuation (Notice of disqualification – David Sidhu) Instrument 2023/794
SMSF auditor disqualification notice under section 130F(2) of the Superannuation Industry (Supervision) Act 1993
Document production guidelines (PDF 452 KB - updated)
Minor technical amendments as a result of the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023:
- reference to s5A of the ASIC Act removed from the note at paragraph 12, and
- definition of ‘document’ in the key terms amended to incorporate all forms of recorded information.
Related documents
- Other24/10/2023
ASIC and IAIS Multilateral Memorandum of Understanding
Multilateral Memorandum of Understanding (MMoU) between ASIC and the International Association of Insurance Supervisors (IAIS) for cooperation and information exchange.
Related documents
ASIC signs MMoU with the International Association of Insurance Supervisors (news item)
- Info sheets19/10/2023
Flowchart 7 amended by swapping Steps 1 and 2 to encourage registered liquidators to lodge the 505 Form prior to the 509D thus preventing possible double-up of appointments.
- Legislative Instruments19/10/2023
ASIC Corporations and Credit (Amendment) Instrument 2023/589
Modifies the reportable situations regime so that licensees do not have to submit notifications about certain reportable situations from 20 October 2023.
Amended: ASIC Corporations and Credit (Breach Reporting—Reportable Situations) Instrument 2021/716
Related documents
Reportable situations regime: ASIC modifies licensees’ obligations (news item)
- Reports18/10/2023
REP 774 Annual financial reporting and audit surveillance report 2022–23
Summarises findings from ASIC's reviews of both financial reports and audit files for the period 1 July 2022 to 30 June 2023. Highlights areas where the quality of financial reporting and audits can be improved.
Related documents
- Legislative Instruments18/10/2023
ASIC Corporations (Amendment) Instrument 2023/774
Amends ASIC Corporations (Takeover Bids) Instrument 2023/683 and ASIC Corporations (Compulsory Acquisitions and Buyouts) Instrument 2023/684 to give effect to the original intent of the instruments.
- Other13/10/2023
Outlines ASIC’s key regulatory and enforcement outcomes for 2022–23.
Related documents
23-276MR ASIC improves outcomes for Australians in 2022–23
- Notifiable instruments9/10/2023
ASIC Corporations (SPIE SA Employee Share Scheme Disclosure) Instrument 2023/761
Modifies Division 1A of Part 7.12 of the Corporations Act to apply in relation to SPIE SA and subsidiaries of SPIE SA.
- Regulatory guides, Other3/10/2023
RG 278 ADIs: Transitioning to the Financial Accountability Regime (new)
Information paper published jointly with the Australian Prudential Regulation Authority (APRA) to help the financial services industry transition from the Banking Executive Accountability Regime (BEAR) to the Financial Accountability Regime (FAR), including information they must provide to the regulators.
For ASIC purposes this APRA information paper is Regulatory Guide 278 (RG 278).
Related documents
23-265MR APRA and ASIC commence joint administration of the new Financial Accountability Regime
- Regulatory guides3/10/2023
RG 249 Derivative trade repositories (reissued)
Reissued to account for the making of ASIC Derivative Trade Repository Rules 2023, replacing ASIC Derivative Trade Repository Rules (Reporting) 2013 which were due to sunset on 1 October 2023. Minor administrative updates have also been made regarding the related Reporting Rules and the Ministerial Determination.
September 2023
- Legislative Instruments, Reports28/9/2023
ASIC Corporations (Changing the Responsible Entity) Instrument 2023/681
ASIC Corporations (Takeover Bids) Instrument 2023/683
ASIC Corporations (Compulsory Acquisitions and Buyouts) Instrument 2023/684
ASIC Corporations (Bidder Giving Substantial Holding Notice) Instrument 2023/685
ASIC Corporations (Warrants: Relevant Interests and Associations) Instrument 2023/687
ASIC Corporations (Replacement Bidder’s and Target’s Statements) Instrument 2023/688
ASIC Corporations, Credit and Superannuation (Amendment and Repeal) Instrument 2023/699
Seven remade legislative instruments relating to takeovers, compulsory acquisitions and relevant interests replacing existing relief that was due to sunset on 1 October 2023.
REP 773 details the submissions received in response to Consultation Paper 365 Remaking ASIC class orders on takeovers, compulsory acquisitions and relevant interests (CP 365).
Amended:
- ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968
- ASIC Corporations (Relevant interests, ASIC and ASIC Chairperson) Instrument 2023/194
Repealed:
- Class Order [CO 13/519] Changing the responsible entity
- Class Order [CO 13/520] Relevant interests, voting power and exceptions to the general prohibition
- Class Order [CO 13/521] Takeover bids
- Class Order [CO 13/522] Compulsory acquisitions and buyouts
- Class Order [CO 13/524] Bidder giving substantial holding notice
- Class Order [CO 13/525] On-sale disclosure relief for scrip bids and schemes of arrangement
- Class Order [CO 13/526] Warrants: Relevant interests and associations
- Class Order [CO 13/528] Changes to a bidder's statement between lodgement and dispatch
- Class Order [CO 13/898] Representative proceedings and proof of debt arrangements funded by conditional costs agreements
- Class Order [CO 14/1252] Technical modifications to Schedule 10 of the Corporations Regulations
- ASIC Credit (Repeal) Instrument 2016/1087
- ASIC Superannuation (RSE Websites) Instrument 2017/570
- ASIC Corporations (Repeal and Transitional—Relief for Providers of Retirement Estimates) Instrument 2022/204
Withdrawn: Regulatory Guide 252 Keeping superannuation websites up to date (RG 252).
Related documents
- Rules, Notifiable instruments26/9/2023
ASIC Derivative Trade Repository Rules 2023
ASIC Corporations (Derivative Trade Repository Rules—DDRS) Instrument 2023/725
Remakes the ASIC Derivative Trade Repository Rules (Reporting) 2013 in substantially the same form to continue the operation of Australia’s over-the-counter derivatives trade reporting regime under Part 7.5A of the Corporations Act 2001.
Instrument 2023/725 provides DTCC Data Repository (Singapore) Pte Ltd with relief from certain provisions of the ASIC Derivative Trade Repository Rules 2023.
Repealed: ASIC Exemption Instrument [14/0913] (See ASIC Gazette A43/14)
Related documents
CP 370 Proposed remake of the ASIC Derivative Trade Repository Rules 2013
- Legislative Instruments22/9/2023
ASIC Corporations (Financial Reporting by Stapled Entities) Instrument 2023/673
ASIC Corporations (Repeal) Instrument 2023/674
Allows stapled entities which are disclosing entities to present combined financial statements or consolidated financial statements of the stapled group where they have prepared combined financial statements or consolidated financial statements for a previous reporting period, notwithstanding that the entities may not meet the requirement to prepare consolidated financial statements under Accounting Standard AASB 10 Consolidated Financial Statements. Also allows stapled entities to continue presenting their respective financial statements together in a single financial report.
Replaces [SCO 13/1050] Financial reporting by stapled entities which was due to sunset on 1 October 2023.
Related documents
ASIC remakes financial reporting legislative instrument (news item)
ASIC proposes to remake financial reporting legislative instrument (news item)
- Legislative Instruments22/9/2023
ASIC Credit (Amendment) Instrument 2023/675
Amends ASIC Credit (Electronic Precontractual Disclosure) Instrument 2020/835 to extend its operation for a further 12 months pending incorporation of its relief into regulations through the Treasury Laws Amendment (2023 Law Improvement Package No. 1) Bill 2023.
Related documents
ASIC extends electronic precontractual disclosure legislative instrument (news item)
ASIC proposes to extend electronic precontractual disclosure legislative instrument (news item)
- Reports21/9/2023
REP 772 Licensing and professional registration activities: 2023 update
Outlines ASIC’s licensing and professional registration activities, discusses new and proposed changes to processes, and notes other ASIC work that affects licensees. It also provides information and data on licensing and registration applications from the 2022–23 financial year.
Related documents
23-257MR Licensing and professional registration activities - 2023 update
- Legislative Instruments, Reports20/9/2023
ASIC Derivative Transaction Rules (Clearing) Amendment Instrument 2023/726
Instrument 2023/726 amends ASIC Derivative Transaction Rules (Clearing) 2015 to remove products that reference the US dollar London Interbank Offered Rate (LIBOR) and to add a new item in the Overnight Index Swaps class. It also removes Australian dollar denominated contracts from the Forward Rate Agreement class.
REP 771 highlights the key issues that arose out of the submissions received on Consultation Paper 366 Proposed amendments to the ASIC Derivative Transaction Rules (Clearing) 2015: Second consultation (CP 366) and details ASIC's responses to those issues.
- Legislative Instruments18/9/2023
ASIC Corporations (Amendment) Instrument 2023/730
Amends ASIC Corporations (Registration of Relevant Providers) Instrument 2023/490 to extend the date by which relevant providers – financial advisers who provide personal advice to retail clients on relevant financial products (including time share advisers) – must be registered. Relevant providers will now need to be registered by 1 February 2024.
Related documents
ASIC extends date for financial adviser registration requirement (news item)
- Legislative Instruments15/9/2023
ASIC Corporations (Amendment and Repeal) Instrument 2023/694
ASIC Corporations (Repeal) Instrument 2023/698
Three remade class orders relating to:
- equal treatment relief granted to responsible entities of registered managed investment schemes and corporate directors of retail corporate collective investment vehicles (CCIVs) in various situations
- relief in relation to responsible entities setting the issue price of forfeited interests in registered schemes, and
- unit pricing discretions for registered schemes.
The remade instruments replace existing relief that was due to sunset on 1 October 2023.
Repealed:
- [SCO 13/655] Provisions about the amount of consideration to acquire interests and withdrawal amounts not covered by ASIC Corporations (Managed investment product consideration) Instrument 2015/847
- [SCO 13/656] Equality of treatment impacting on the acquisition of interests
- [SCO 13/657] Discretions affecting the amount of consideration to acquire interests and withdrawal amounts
Amended:
- ASIC Corporations (Managed investment product consideration) Instrument 2015/847
- ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669
Related documents
23-254MR ASIC remakes three ‘sunsetting’ class orders for managed funds
CP 368 Remaking ASIC class orders: [CO 13/519] and [CO 13/656]
- Consultations14/9/2023
CP 372 Guidance on insolvent trading safe harbour provisions: Update to RG 217
Sets out ASIC's proposals to update its guidance in Regulatory Guide 217 Duty to prevent insolvent
trading: Guide for directors (RG 217) to help directors understand and comply with their duty to prevent insolvent trading, including guidance on the operation of the safe harbour provisions.Submissions close 26 October 2023.
Related documents
- Regulatory guides, Legislative Instruments, Reports7/9/2023
RG 166 AFS licensing: Financial requirements (reissued)
ASIC Corporations (Amendment and Repeal) Instrument 2023/649
ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669
ASIC Corporations (Amendment and Repeal) Instrument 2023/670
REP 769 Response to submissions on CP 367 Remaking ASIC class orders on financial requirements
Four remade legislative instruments and updated guidance regarding the financial resource requirements that apply to some categories of Australian financial services licensees and platforms. The remade instruments replace existing relief that was due to sunset.
Repealed:
- [SCO 13/760] Financial requirements for responsible entities and operators of investor directed portfolio services
- [SCO 13/761] Financial requirements for custodial or depository service providers
- [SCO 13/762] Investor directed portfolio services provided through a registered managed investment scheme
- [SCO 13/763] Investor directed portfolio services
- ASIC Corporations (Financial Requirements for Corporate Directors of Retail Corporate Collective Investment Vehicles) Instrument 2022/449
Amended:
- ASIC Corporations (IDPS—Relevant Interests) Instrument 2015/1067
- ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968
- ASIC Corporations (Nominee and Custody Services) Instrument 2016/1156
- ASIC Corporations (Financial Requirements for CSF Intermediaries) Instrument 2017/339
- ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669
- ASIC Corporations (Wholesale Equity Scheme Trustees) Instrument 2017/849
- ASIC (Fees—Complexity Criteria) Instrument 2018/578
- ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547
- ASIC Corporations (Foreign Financial Services Providers—Foreign AFS Licensees) Instrument 2020/198
- ASIC Corporations (Hardship Withdrawals Relief) Instrument 2020/778
- ASIC Corporations (Shorter PDS and Delivery of Accessible Financial Products Disclosure by Platform Operators and Superannuation Trustees) Instrument 2022/497
- ASIC Corporations (Financial Requirements for Issuers of Retail OTC Derivatives) Instrument 2022/705
Related documents
23-247MR ASIC issues new legislative instruments for financial resource requirements and platforms
23-048MR ASIC consults on ‘sunsetting’ class orders about financial requirements
23-082MR ASIC consults on remaking ‘sunsetting’ class orders on IDPS and IDPS-like schemes
CP 369 Remaking ASIC class orders on platforms: [CO 13/762] and [CO 13/763]
- Reports, Regulatory guides6/9/2023
REP 770 Design and distribution obligations: Retail OTC derivatives
RG 227 Over-the-counter contracts for difference: Improving disclosure for retail investors (Note added only)
Outlines how issuers of retail OTC derivatives have responded to the introduction of design and distribution obligations and highlights areas for improvement.
Related documents
- Determinations, Legislative Instruments6/9/2023
ASIC Market Integrity Rules (Securities Markets) Determination 2023/707
ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2023/708
Maintains ASIC's policy of determining the allocation of Equity Market Products to tiers.
Replaces ASIC Market Integrity Rules (Securities Markets) Determination 2023/450 (repealed 6 October 2023).
- Legislative Instruments6/9/2023
ASIC Corporations (Amendment) Instrument 2023/706
Amends ASIC Corporations (Design and Distribution Obligations Interim Measures) Instrument 2021/784 so that it repeals on 5 October 2028 and no longer applies an exemption to cashless welfare arrangements.
Related documents
23-220MR ASIC proposes to extend design and distribution obligations instrument
- Consultations5/9/2023
CS 3 Extending electronic precontractual disclosure relief
Seeks industry feedback on ASIC's proposal to extend the operation of ASIC Credit (Electronic Precontractual Disclosure) Instrument 2020/835 for a temporary period of 12 months, pending law reform.
Submissions close 13 September 2023.
A consultation paper was not issued for this consultation.
Related documents
ASIC proposes to extend electronic precontractual disclosure legislative instrument (news item only)
ASIC extends electronic precontractual disclosure legislative instrument (news item)
- Consultations5/9/2023
CS 2 Remaking financial reporting legislative instrument
Seeks industry feedback on ASIC's proposal to remake Class Order [CO 13/1050] Financial reporting by stapled entities which is due to sunset on 1 October 2023.
Submissions close 13 September 2023.
A consultation paper was not issued for this consultation.
Related documents
ASIC proposes to remake financial reporting legislative instrument (news item only)
ASIC remakes financial reporting legislative instrument (news item)
August 2023
- Legislative Instruments31/8/2023
ASIC Corporations (Amendment) Instrument 2023/504
Introduces conditional time-limited exemptive relief in new section 13B (Exemption 11) of the ASIC Corporations (Derivative Transaction Reporting Exemption) Instrument 2015/844. Broadly, Exemption 11 exempts reporting entities from reporting certain items of derivative trade data under the ASIC Derivative Transaction Rules (Reporting) 2022 that will not be required to be reported from the commencement of the ASIC Derivative Transaction Rules (Reporting) 2024.
- Other30/8/2023
ASIC-RBA joint letter to ASX Clear and ASX Settlement CS Advisory Group (PDF 91 KB)
Requires ASX Clear and ASX Settlement to resource, consult and engage with the newly established ASX Cash Equities Clearing and Settlement Advisory Group in good faith and in the public interest.
Related documents
23-236MR ASIC – RBA issue joint letter of expectations to ASX
- Determinations29/8/2023
ASIC Regulated Foreign Markets Determination 2023/346
ASIC Derivative Transaction Rules (Reporting) Determination 2023/679
Determines the financial markets that are Regulated Foreign Markets for the purposes of subrule 1.2.4(3) of the ASIC Derivative Transaction Rules (Reporting) 2022 and the ASIC Derivative Transaction Rules (Reporting) 2024 and other rules relating to derivative transaction reporting.
- Other28/8/2023
ASIC Corporate Plan 2023-27 (Focus 2023-24)
Outlines ASIC's strategic priorities for the next four years and its plan of action for the year ahead.
Related documents
23-230MR ASIC focuses on protecting vulnerable consumers and small businesses in 23-24
- Reports16/8/2023
REP 768 Navigating the storm: ASIC's review of home insurance claims
Outlines ASIC’s work to better understand the consumer experience in home insurance claims since 1 January 2022, when claims handling and settling became a regulated financial service.
Related documents
23-221MR ASIC review finds insurers can and should improve claims handling
- Consultations15/8/2023
CS 1 Extending design and distribution obligations instrument
Seeks industry feedback on a proposal to extend the operation of ASIC Corporations (Design and Distribution Obligations Interim Measures) 2021/784 for a further five years.
Submissions close 25 August 2023.
A consultation paper was not issued for this consultation.
Related documents
23-220MR ASIC proposes to extend design and distribution obligations instrument
- Consultations10/8/2023
CP 371 Product intervention orders: Short term credit facilities and continuing credit contracts
Sets out ASIC’s proposals to extend the product intervention orders relating to short term credit facilities and continuing credit contracts which came into effect on Friday 15 July 2022, so that they remain in force until they are revoked or sunset.
Submissions close 31 August 2023.
Related documents
- Legislative Instruments8/8/2023
ASIC Corporations (Amendment) Instrument 2023/588
Extends for a further 12 months the transitional relief for foreign financial services providers (FFSPs) from the requirement to hold an Australian financial services (AFS) licence when providing financial services to Australian wholesale clients.
Amended:
- ASIC Corporations (Repeal and Transitional) Instrument 2016/396
- ASIC Corporations (CSSF-Regulated Financial Services Providers) Instrument 2016/1109
- ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182
- ASIC Corporations (Foreign Financial Services Providers—Funds Management Financial Services) Instrument 2020/199
Related documents
23-211MR ASIC extends transitional relief for foreign financial services providers
REP 767 ASIC enforcement and regulatory update: April to June 2023
Provides an overview of ASIC’s work and key matters between 1 April and 30 June 2023, delivering against ASIC's strategic and enforcement priorities.
Related documents
23-202MR ASIC warns of further action against market misconduct
Summary of enforcement outcomes: 1 January 2023 to 30 June 2023
- Info sheets2/8/2023
INFO 151 ASIC’s approach to enforcement (reissued)
Technical amendments relating to how ASIC interacts with those whose conduct we are investigating.
July 2023
- Regulatory guides, Info sheets31/7/2023
RG 26 Resignation, removal and replacement of auditors (updated)
RG 81 External administration: Early destruction of books (reissued)
RG 129 Business introduction or matching services (updated)
INFO 30 Fees for commonly lodged documents (reissued)
INFO 62 Removal of an auditor of a company (reissued)
INFO 65 Resignation of an auditor of a public company (reissued)
Technical updates to reflect new transactions that can be submitted via the ASIC Regulatory Portal.
Related documents
New transactions available in the ASIC Regulatory Portal (news item)
- Regulatory guides20/7/2023
RG 175 Licensing: Financial product advisers—Conduct and disclosure (updated)
Information relating to to the provision of tax (financial) advice services updated at RG 175.389-RG 175.395.
- Other18/7/2023
Letter to Insurance Council of Australia (PDF 260 KB)
Letter to Council of Australian Life Insurers (PDF 260 KB)
Letter to Financial Services Council (PDF 260 KB)
Outlines ASIC’s findings from its review of over 100 Target Market Determinations (TMDs) for general and life insurance products, and how insurers could make improvements to their TMDs.
Related documents
ASIC review of insurance target market determinations (news item)
23-192MR ASIC issues first stop order for a life insurance product
- Reports18/7/2023
Sets out the findings of a recent thematic review of the implementation of the retirement income covenant by a sample of Registrable Superannuation Entity (RSE) licensees undertaken jointly by the Australian Prudential Regulation Authority (APRA) and ASIC.
Related documents
23-191MR Review finds super trustees need to improve retirement outcomes planning
- Regulatory guides5/7/2023
RG 73 Continuous disclosure obligations: Infringement notices (updated)
Information on maximum pecuniary penalties in RG 73.32(a) updated.
June 2023
- Legislative Instruments30/6/2023
ASIC (Amendment) Instrument 2023/0558
Amends ASIC (Senior Staff Members—Determination) Instrument 2019/117 to amend the definition of ‘senior staff members’ to reflect an organisational restructure at ASIC.
- Info sheets30/6/2023
INFO 9 ASIC decisions: Your rights (reissued)
INFO 107 Guidelines for managing complaints about ASIC officers (reissued)
INFO 153 How ASIC deals with reports of misconduct (reissued)
INFO 207 Disputes about commercial loans (reissued)
INFO 238 Whistleblower rights and protections (reissued)
INFO 239 How ASIC handles whistleblower reports (reissued)
Reissued to explain how new automated responses will provide a more consistent and transparent experience for members of the public making reports of misconduct, while enabling ASIC to focus its resources on matters of greatest public interest.
Minor technical updates have also been made to INFO 45, INFO 46, INFO 54, INFO 55, INFO 74, INFO 75, INFO 84, INFO 85, INFO 151 and INFO 152 to reflect these changes.
- Legislative Instruments, Info sheets29/6/2023
ASIC Corporations and Superannuation (Amendment) Instrument 2023/512
INFO 256 FAQs: Ongoing fee arrangements (updated)
INFO 280 FAQs: Non-ongoing fee consents (new)
ASIC Instrument 2023/512 modifies the operation of ASIC Corporations (Consent to Deductions—Ongoing Fee Arrangements) Instrument 2021/124 and ASIC Superannuation (Consent to Pass on Costs of Providing Advice) Instrument 2021/126 to clarify the requirements for giving consent to ongoing and non-ongoing fee arrangements.
INFO 256: Updated with some minor and technical amendments related to change in client name or change of fee recipient flowing from ASIC Corporations and Superannuation (Amendment) Instrument 2023/512.
INFO 280: Answers frequently asked questions for financial product advice providers who need to get a superannuation fund member’s consent to charge non-ongoing fees to their superannuation account. Also addresses some minor and technical amendments related to change in member name or change of adviser flowing from ASIC Corporations and Superannuation (Amendment) Instrument 2023/512. Replaces and updates the web page on ‘FAQs: Non-ongoing fee consents’ that was previously published on ASIC’s website.
- Legislative Instruments29/6/2023
ASIC (Amendment) Instrument 2023/0470
Amends the ASIC (Senior Staff Members—Determination) Instrument 2019/117 to amend the definition of ‘senior staff members’ to reflect an organisational restructure at ASIC.
- Other28/6/2023
2022-23 Cost Recovery Implementation Statement
Details ASIC’s estimated levies by industry sector and subsector for 2022-23 as required under the industry funding model.
Related documents
23-173MR Industry funding: 2022-23 Cost Recovery Implementation Statement
- Reports23/6/2023
REP 765 When the price is not right: Making good on insurance pricing promises
Explains how failures by general insurers to manage non-financial risk have led to significant consumer harm. It also flags significant conduct issues being addressed by ASIC. The report outlines pricing failures identified by general insurers after an ASIC-initiated review of their pricing practices, and the improvements required to fix them. It confirms the standards general insurers need to meet in designing and promoting pricing promises to ensure consumers get the full benefit of any discounts promised.
Related documents
23-169MR General insurers to repay consumers $815 million for broken pricing promises
- Other22/6/2023
Indigenous Super Summit - 22 June 2023 | Summary Document
Summary document of discussions about the unique and often complex challenges First Nations peoples can experience with access to and engagement with their superannuation.
Related documents
- Legislative Instruments19/6/2023
ASIC Corporations (Registration of Relevant Providers) Instrument 2023/490
Delays the requirement for relevant providers to be registered with ASIC as a precondition for providing personal advice to retail clients until 1 October 2023.
- Consultations15/6/2023
CP 370 Proposed remake of the ASIC Derivative Trade Repository Rules 2013
Sets out ASIC's proposals to remake ASIC Derivative Trade Repository Rules 2013, due to sunset on 1 October 2023, in substantially the same form, under s903A of the Corporations Act.
Submissions close 6 July 2023.
Related documents
- Legislative Instruments9/6/2023
ASIC Corporations (Confirming Transactions—Recurring Insurance Benefit Payments) 2023/438
Modifies the application of section 1017F of the Corporations Act to provide that confirmation of transactions is not required to be given to the life insurance policyholder if the policyholder is deceased.
Exempts certain responsible persons from having to comply with subsection 1017F(5) of the Corporations Act for a transaction that is a payment under a recurring benefit claim.
Related documents
23-159MR ASIC grants relief to insurers from certain transaction confirmation requirements
- Info sheets8/6/2023
INFO 80 How to interpret ASIC's corporate insolvency statistics (reissued)
Updated to account for the introduction of new statistical Series 5 - Members voluntary liquidation (winding up of solvent companies).
- Determinations, Legislative Instruments8/6/2023
ASIC Market Integrity Rules (Securities Markets) Determination 2023/450
ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2023/451
Maintains ASIC's policy of determining the allocation of Equity Market Products to Tier 1 and Tier 2, commencing 10 July 2023.
Replaces ASIC Market Integrity Rules (Securities Markets) Determination 2023/157 (repealed 10 July 2023).
May 2023
- Other29/5/2023
ASIC’s Financial Services Industry Workshop - 29 May 2023 | Summary Document
Summary document on Understanding and Responding to Identification Challenges for First Nations Consumers under our Indigenous Financial Services Framework
Related documents
- Other26/5/2023
ASIC and NOPSEMA Memorandum of Understanding (PDF)
Memorandum of Understanding (MoU) between ASIC and National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for mutual assistance in the supervision and oversight of offshore oil and gas companies in Australia.
Related documents
ASIC signs MoU with the National Offshore Petroleum Safety and Environmental Management Authority (news item)
- Legislative Instruments25/5/2023
ASIC Corporations (Amendment) Instrument 2023/368
Amends the Corporations (CS Facility Exemption) Instrument 2023/18 to extend its operation until 1 August 2023.
- Info sheets18/5/2023
INFO 279 Serving legal documents on ASIC (new)
Explains how to serve legal documents on ASIC providing guidance on how to serve legal documents electronically, what to do if you can’t serve documents electronically and what kinds of documents should not be served electronically.
Replaces RG 18 Serving legal documents on the ASC which has been withdrawn.
REP 764 ASIC enforcement and regulatory update: January to March 2023
Provides an overview of ASIC’s work and key matters between 1 January and 31 March 2023.
Related documents
- Notifiable instruments10/5/2023
ASIC Corporations (CG HoldCo Pty Ltd Employee Share Scheme Disclosure) Instrument 2023/354
Notionally modifies s1100X of the Corporations Act to permit a new holding company, CG HoldCo Pty Ltd, to provide a subsidiary's balance sheet and P&L for the most recent financial year together with pro-forma information that explains the effect of CG HoldCo Pty Ltd's acquisition of the subsidiary.
- Reports10/5/2023
REP 763 ASIC’s recent greenwashing interventions
Outlines ASIC regulatory interventions made between 1 July 2022 and 31 March 2023 in relation to greenwashing concerns.
Related documents
23-121MR Update on ASIC’s recent greenwashing actions
ASIC and greenwashing antidotes (speech)
- Other, Legislative Instruments5/5/2023
IDR data reporting handbook (PDF 1.4 MB - reissued)
ASIC Corporations (Amendment) Instrument 2023/282
Updates the implementation timeframe for the new internal dispute resolution (IDR) reporting framework.
Amended: ASIC Corporations (Internal Dispute Resolution Data Reporting) Instrument 2022/205
Related documents
IDR data reporting handbook: Overview of changes between March 2022 and April 2023 (PDF 336 KB)
- Info sheets5/5/2023
INFO 42 Insolvency for directors (reissued)
Updates to ensure currency.
- Reports3/5/2023
REP 762 Design and distribution obligations: Investment products
Summarises ASIC's key observations from an initial, risk-based review on how issuers of investment products are meeting their design and distribution obligations (DDOs) and highlights areas for improvement.
Related documents
April 2023
- Regulatory guides27/4/2023
RG 78 Breach reporting by AFS licensees and credit licensees (reissued)
Updated to clarify existing guidance and provide new guidance in response to operational issues that have arisen since the implementation of the reportable situations regime on 1 October 2021 (formerly breach reporting).
Related documents
23-106MR ASIC releases updated guidance for licensees on reportable situations
- Reports20/4/2023
REP 761 Scam prevention, detection and response by the four major banks
Provides an analysis of ASIC's review of the current scam related activities of the four major Australian banks.
Related documents
- Legislative Instruments20/4/2023
ASIC Corporations (Amendment and Repeal) Instrument 2023/36
Amends ASIC exemption instruments to refer to the 2022 Transaction Reporting Rules (TRRs), extends time-limited exemptive relief, broadens the jurisdictional scope of exemptive relief for reporting of trade identifiers and repeals exemptive relief that has either expired or will be included in the 2024 TRRs.
Amended:
- ASIC Derivative Transaction Rules (Nexus Derivatives) Class Exemption 2015
- ASIC Corporations (Derivative Transaction Reporting Exemption) Instrument 2015/844
- ASIC Corporations (Derivative Transaction Reporting Exemption) Instrument 2016/0688
- ASIC Derivative Transaction Rules (ADI Foreign Subsidiaries) Class Exemption 2021/51
Repealed:
- Legislative Instruments19/4/2023
ASIC Superannuation (Repeal) Instrument 2023/222
Repeals ASIC Class Order [CO 12/1687] Competency standards for approved SMSF auditors.
- Legislative Instruments18/4/2023
ASIC Corporations and Credit (Repeal) Instrument 2023/131
Repeals three legislative instruments because the relief has been incorporated into the Corporations Regulations 2001:
Repealed:
- Info sheets17/4/2023
INFO 268 FAQs: Relevant providers who provide tax (financial) advice services (reissued)
Technical amendments to include guidance about 'provisional relevant providers'.
- Notifiable instruments13/4/2023
ASIC Corporations (Superannuation Payment Facility) Instrument 2023/271
Provides an exemption from the design and distribution obligations (DDOs) in Part 7.8A of the Corporations Act for a non-cash payment facility issued as part of the Australian Central Bank Digital Currency Pilot Project.
- Info sheets11/4/2023
INFO 278 Inventory of superannuation trustee transparency and disclosure obligations (new)
Consolidates superannuation trustee transparency and disclosure obligations into one webpage with links.
Related documents
March 2023
- Info sheets30/3/2023
INFO 275 Infringement notices: Your rights (new)
Guidance reissued to refer to all legislation that enables ASIC to issue Infringement Notices, to explain more about the circumstances in which ASIC is more likely to issue Infringement Notices and otherwise align with other ASIC guidance such as INFO 151 ASIC’s approach to enforcement (INFO 151).
Replaces INFO 128 Credit infringement notices: Your rights and INFO 139 ASIC Act infringement notices: Your rights which have been withdrawn.
- Regulatory guides29/3/2023
RG 22 Directors’ solvency declaration (reissued)
Updates to outdated references in guidance on directors' solvency statements.
- Consultations28/3/2023
CP 369 Remaking ASIC class orders on platforms: [CO 13/762] and [CO 13/763]
Seeks feedback from the investment management sector on ASIC's proposals to remake, without significant changes, the following ASIC class orders, which are due to expire on 1 October 2023:
- [CO 13/762] Investor directed portfolio services provided through a registered managed investment scheme
- [CO 13/763] Investor directed portfolio services.
Submissions close 28 April 2023.
Related documents
23-082MR ASIC consults on remaking ‘sunsetting’ class orders on IDPS and IDPS-like schemes
23-247MR ASIC issues new legislative instruments for financial resource requirements and platforms
- Reports22/3/2023
REP 760 Insurance in superannuation: Industry progress on delivering better outcomes for members
Examines progress by superannuation trustees to improve their arrangements for life insurance in superannuation.
Related documents
22-076MR Superannuation trustees urged to improve insurance outcomes for members
- Reports, Legislative Instruments21/3/2023
REP 759 Response to submissions on CP 364 Modifications to the ESS regime
ASIC Corporations (Amendment) Instrument 2023/160
Highlights the key issues that arose out of the submissions received on Consultation Paper 364 Modifications to the ESS regime (CP 364) and explains ASIC’s response to those issues.
Amended:
- Consultations21/3/2023
CP 368 Remaking ASIC class orders: [CO 13/519] and [CO 13/656]
Seeks feedback from responsible entities of managed investment schemes and corporate directors of corporate collective investment vehicles (CCIVs) on proposals to remake the following ‘sunsetting’ ASIC class orders:
- [CO 13/519] Changing the responsible entity
- [CO 13/656] Equality of treatment impacting on the acquisition of interests
Submissions close 11 April 2023.
Related documents
23-254MR ASIC remakes three ‘sunsetting’ class orders for managed funds
- Legislative Instruments20/3/2023
ASIC Corporations (Relevant interests, ASIC and ASIC Chairperson) Instrument 2023/194
ASIC Corporations (Repeal) Instrument 2023/195
Limits the circumstances in which ASIC will have a relevant interest in securities to circumstances where the securities are vested in, or held by, ASIC or the Commonwealth.
Repealed: Class Order [CO 12/1209] Relevant interests, ASIC and ASIC Chairperson
- Legislative Instruments17/3/2023
Provides relief from the Design and Distribution Obligations (DDOs) for reissued life policies in situations where they were not intended to apply, correct administrative errors or reinstate policies that have lapsed for non-payment of premiums
Related documents
23-070MR ASIC grants conditional relief to facilitate reissue of certain life insurance policies
- Info sheets16/3/2023
Minor technical updates to Flowcharts 1, 3, 8, 9-11 and 15 to ensure currency.
- Determinations, Legislative Instruments7/3/2023
ASIC Market Integrity Rules (Securities Markets) Determination 2023/157
ASIC Market Integrity Rules (Securities Markets) Repeal Instrument 2023/158
Maintains ASIC's policy of determining the allocation of Equity Market Products to tiers, commencing 11 April 2023.
Replaces ASIC Market Integrity Rules (Securities Markets) Determination 2022/994 (repealed 11 April 2023).
- Consultations3/3/2023
Sets out ASIC’s proposals to remake the following ASIC legislative instruments on financial resource requirements for some categories of Australian financial services licensees which are due expire (‘sunset’) if not remade:
- [CO 13/760] Financial requirements for responsible entities and operators of investor directed portfolio services
- [CO 13/761] Financial requirements for custodial or depository service providers
- ASIC Corporations (Financial Requirements for Corporate Directors of Retail Corporate Collective Investment Vehicles) Instrument 2022/449
Submissions close 31 March 2023.
Related documents
23-048MR ASIC consults on ‘sunsetting’ class orders about financial requirements
23-247MR ASIC issues new legislative instruments for financial resource requirements and platforms
- Reports2/3/2023
REP 758 Good practices for handling whistleblower disclosures
Sets out the good practices ASIC observed from its review of seven entities’ whistleblower programs from a cross-section of industries.
Related documents
23-046MR ASIC publishes report on good practices for handling whistleblower disclosures
- Notifiable instruments1/3/2023
ASIC Stapling Relief (Stara Venu CCIV) Instrument 2023/124
Modifies the provisions in Part 8B.3 of the Corporations Act in relation to the Stara Venu CCIV so that the corporate director and officers of the corporate collective investment vehicle (CCIV) may have regard to whether the shares in any of the sub-funds are stapled securities.
- Info sheets1/3/2023
Minor updates to reference recently made legislative instruments to facilitate the implementation of the corporate collective investment vehicles (CCIVs) regime in Australia.
February 2023
- Legislative Instruments23/2/2023
Corporations (CS Facility Exemption) Instrument 2023/18
Exempts use case platforms in the Australian Central Bank Digital Currency Pilot Project involving the operation of a clearing and settlement facility from the requirement to hold an Australian CS facility licence, subject to conditions.
- Other21/2/2023
Notices to ASX Licensees under sections 794B and 823B of the Corporations Act (PDF)
Requires the ASX Licensees to produce two special reports to assist ASIC in its assessment of whether any further regulatory action is required in relation to CHESS Replacement and any other programs ASX undertakes.
Related documents
23-035MR Further ASIC regulatory response on CHESS Replacement and ASX’s program capabilities
REP 757 ASIC enforcement and regulatory update: October to December 2022
Provides an overview of ASIC’s work and key matters between 1 October and 31 December 2022.
Related documents
23-026MR ASIC to expand enforcement focus areas in the coming year
- Consultations15/2/2023
Sets out our proposals to modify the contract types that are subject to the ASIC Derivative Transaction Rules (Clearing) 2015 made under s901A of the Corporations Act.
Submissions close 29 March 2023.
Related documents
ASIC Derivative Transaction Rules (Clearing) Amendment Instrument 2023/726
- Other14/2/2023
ASIC’s Indigenous Financial Services Framework
Outlines how ASIC will use key learnings we have developed through extensive consultations with a range of stakeholders on First Nations peoples’ access to, and engagement with, the financial system to inform our work and priorities relating to First Nations consumers.
Related documents
- Regulatory guides2/2/2023
RG 249 Derivative trade repositories (reissued)
RG 251 Derivative transaction reporting (reissued)
Updated to reference the recently made ASIC Derivative Transaction Rules (Reporting) 2022 and make minor technical and typographical amendments.
January 2023
- Legislative Instruments30/1/2023
ASIC Corporations (Amendment) Instrument 2023/24
Amends ASIC Corporations (Short Selling) Instrument 2018/745 to correct a misdescribed amendment made by ASIC Corporations (Short Selling) Amendment Instrument 2022/968.
- Reports17/1/2023
REP 756 Review of small business restructuring process
Outlines the findings from our review of small business restructuring practitioner appointments from 1 January 2021 to 30 June 2022. It also sets out our observations on ASIC form lodgements by restructuring practitioners
Related documents
- Legislative Instruments16/1/2023
ASIC Corporations (Amendment) Instrument 2023/2
Extends the class relief in the ASIC Corporations (NZD Denominated Client Money) Instrument 2018/152 to allow Australian Securities Exchange Limited market participants to hold client money relating to New Zealand dollar denominated over-the-counter derivatives that are cleared or to be cleared by ASX Clear (Futures) Pty Limited in an account with any bank that is incorporated in New Zealand and which is prudentially regulated by the Reserve Bank of New Zealand.
- Info sheets13/1/2023
INFO 80 How to interpret ASIC's corporate insolvency statistics (reissued)
Updated to reflect changes to the Series 3 excel workbooks and explain how to interpret Series 3 data and the conditions and limitations of Series 3.
INFO 224 ASIC audit surveillances (reissued)
Reissued to incorporate new terminology and updated components of ASIC's approach to surveillance findings and process.
- Info sheets6/1/2023
INFO 268 FAQs: Relevant providers who provide tax (financial) advice services (reissued)
Reissued to reflect new requirements for ‘qualified tax relevant providers’ (QTRPs) and changes to how QTRPs are recorded on ASIC's Financial Advisers Register (FAR) from 1 February 2023.
Related documents
FAR to display whether financial advisers can provide tax (financial) advice (news item)