Market Infrastructure transactions on the ASIC Regulatory Portal
Effective 10 May 2022, market infrastructure providers will need to submit notifications required under the Corporations Act 2001, licence conditions and certain co-operation arrangements, via the ASIC Regulatory Portal.
The ASIC Regulatory Portal will replace the existing online channel - the market entity compliance system (MECS).
Benefits of using the ASIC Regulatory Portal
- Fewer portals when interacting with ASIC. Infrastructure providers already use the ASIC Regulatory Portal to submit industry funding. MECS will no longer be available.
- New structured online transactions pre-populated with information previously provided.
- Track the status of your notifications via your portal account
- Invite others to act on your behalf in the portal.
- Restrict access so only select users can see and access your applications in the portal.
The online transactions that will be available in the ASIC Regulatory Portal from 10 May 2022 are:
- Submit report under cooperation arrangements
- Submit financial information
- Submit trading activity report
- Submit regulated fidelity find financial statements and audit report
- Submit annual report or annual compliance report
- Submit significant contravention notification
- Notify of change to officeholders
- Notify of change to operating rules.
Frequently asked questions
- What is the ASIC Regulatory Portal?
- I'm a market infrastructure provider (ie, a market operator, clearing and settlement facility, benchmark administrator or derivative trading repository) – what do I need to do?
- I’m not on the Regulatory Portal, how do I register?
- Can I arrange for someone else to submit a form/transaction on my behalf via the Regulatory Portal?
- Can I still view, edit and submit draft notifications in MECS after 10 May 2022?
- Can I still view/download previously submitted notifications in MECS after 10 May 2022?
- I've invited someone to connect to my account in the Regulatory Portal, how do I ensure they don't see confidential information?
- Can I restrict access to transactions in the Regulatory Portal?
- Where do I go if I need help using the Regulatory Portal?
- Still have a question?
The ASIC Regulatory Portal will become your central access to our growing suite of regulatory services, which are being consolidated onto the portal over time. Market infrastructure providers already use the ASIC Regulatory Portal as part of their annual industry funding obligations.
All market infrastructure providers should have registered on the ASIC Regulatory Portal as part of their annual industry funding obligations.
If you are a market infrastructure provider with an existing ASIC Regulatory Portal account, the transactions listed above will be available in your portal account from 10 May 2022 under a transaction section titled 'Market infrastructure – notifications and other submissions'.
From now until 10 May 2022, existing channels – MECS and email – can continue to be used to submit notifications required under the Corporations Act 2001, licence conditions and/or letter of cooperation.
Anyone required to use the portal to transact with ASIC will need to register their own user account. You can register for portal access at any time.
Go to the ASIC Regulatory Portal homepage and select the blue 'Register' button.
For more information on how to register, see our user guide.
Yes. You can invite trusted representatives to act on your behalf in the portal.
If you would like someone to act on your behalf in the portal, you first need to invite them to connect to your account.
When inviting someone to connect to your account you can define user access levels that control what others can do on your behalf. For example, you can authorise another user to launch and edit a transaction, but only you can submit. Please note that the authorised user will receive their own user name and password to log into the portal.
Only a user with Senior administrator or Administrator Access level for an entity can invite other users to connect to that entity.
Please review your users in MECS and ensure relevant users have registered a Regulatory Portal user account and connected to your account. For more information on how to invite someone to connect to your account, see the Administration section on the FAQ page.
Draft notifications will not be carried over from the MECS portal to the ASIC Regulatory Portal, so you will need to launch the equivalent transaction from the start in the Regulatory Portal.
No. If you wish to retain this information, you will need to download the notification in MECS prior to 10 May 2022.
I've invited someone to connect to my account in the Regulatory Portal, how do I ensure they don't see confidential information?
The invitation process involves setting an Access level to determine what someone can and can't see and do, on your behalf.
There are four Access levels – Senior administrator, Administrator, Approver and Editor.
- Senior administrator – can launch, edit and submit a transaction, invite other users to the entity and view other administrative details for an entity.
- Administrator – can launch, edit and submit a transaction and invite other users to the entity. Registered liquidators may invite senior staff or an assistant to this level of access.
- Approver – can launch, edit and submit a form or transaction, and view other administrative details for an entity. Registered liquidators may invite senior staff this level of access, so they can submit a transaction after the registered liquidator has approved the working papers etc.
- Editor – in general, can launch and edit a form and transaction, but they cannot submit it. We anticipate that many registered liquidators may invite analysts or accountant-level staff to this level of access. The analyst/accountant can then draft transactions but will not be able to submit them.
You can also restrict access to transactions in portal – refer to the below section for more information about this.
For more information on setting Access levels, see the Administration section on the FAQ page.
Yes. Once you launch a form or transaction, the portal will direct you to a transaction settings page. The transaction settings page asks if you want to restrict access to the transaction. To restrict access, click Yes – restrict access. This will take you to a set restrictions page, which allows you to select users who can access the transaction.
Once you have set the restrictions for a transaction, you also have the option to add or remove users later.
More information on restricting access to transactions is on the FAQ page.
The ASIC Regulatory Portal help page has resources to help you get up to speed with using the portal. These include step-by-step user guides, FAQs and videos to help you – from registering your account to connecting your registration and inviting trusted representatives to act on your behalf.
Please contact your relationship manager.