REP 371 Overview of decisions on relief applications (February to May 2013)
Released 19 September 2013.
This is a report for participants in the capital markets and financial services industry who are prospective applicants for relief.
This report outlines some of ASIC’s decisions on relief applications during the period 1 February to 31 May 2013. It summarises examples of situations where we have exercised, or refused to exercise, our exemption and modification powers from the financial reporting, managed investment, takeovers, fundraising or financial services provisions of the Corporations Act 2001,the National Consumer Credit Protection Act 2009 or the National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009.
It also refers to a number of publications issued by ASIC during the period 1 February to 31 May 2013 that may be relevant to prospective applicants for relief, including class orders, consultation papers, regulatory guides and reports.