RG 222 Substantial holding disclosure: Securities lending and prime broking
Issued 15 April 2011
This guide is for persons who engage in securities lending and prime broking activities. It:
- seeks to improve disclosure of substantial holdings that may arise from participation in securities lending or prime broking
- explains how the concept of relevant interests in s608 and 609 and the substantial holding disclosure requirements in s671B of the Corporations Act 2001 apply to securities lending and prime broking, and
- explains how ASIC has modified the substantial holdings disclosure requirements for securities lending and prime broking to allow improved compliance with the requirements and facilitate better disclosure of useful information to the market within the required timeframes.