The first phase will require specified entities regulated under the Corporations Act to maintain accurate, up‑to‑date and publicly accessible beneficial ownership registers.
November 8, 2022To register a CCIV and initial sub-fund, a corporate director would first need to obtain an AFS licence, which can be a variation of an existing licence.
June 24, 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 changes will also facilitate the listing of foreign passport funds under the ARFP regime, and recognised managed investment schemes from New Zealand.
February 4, 2022