The budget also includes funding for APRA and ASIC to increase their staff numbers, an independent review of the carbon market, and the introduction of climate reporting standards.
October 30, 2022AFS licensees’ financial reports must contain disclosures consistent with the financial reports of other for-profit entities, prepared under AASB standards.
June 7, 2022ASIC will be able to limit a corporate director’s CCIV operations to one CCIV with a single sub-fund if the corporate director fails to demonstrate 'organisational competence' and capacity.
March 22, 2022The Senate Economics Committee acknowledged "overwhelming support" for the CCIV legislation and recommended it be passed "as soon as practicable".
February 8, 2022The CCIV has the potential to unlock significant opportunities for the Australian funds management industry, says Financial Services Council CEO Sally Loane.
November 30, 2021The CCIV regime will offer a more flexible and tax-efficient corporate structure for fund managers. The regime is targeted to commence from 1 July 2022.
September 1, 2021The measures include an FMI reform package, relief for foreign financial service firms, changes to the superannuation system, and a new commencement date for the CCIV regime.
May 13, 2021The bill covers winding up administration for corporate collective investment vehicles, and director liabilities for contraventions of the law, among others.
July 23, 2018New 'CCIV' structure will allow Australia asset managers to market fund products to the rest of Asia, complementing the Asia Region Funds Passport.
June 20, 2018