The review will consider enhancements to the MIS framework to identify gaps and reduce undue financial risk for investors.
March 13, 2023Litigation funding arrangements are once again exempt from the managed investment scheme and AFS licensing regimes in the Corporations Act.
December 23, 2022The 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, 2022Litigation funding schemes will regain exemptions from requirements to hold an AFS licence and be subject to the same regulations as managed investment schemes.
September 9, 2022The XRB intends to finalise the standards in December 2022. New Zealand's first climate statements will be published in April 2024.
July 31, 2022Fund managers are showing repeatable performance but the "benefits of their skill" are being overshadowed by fees and commissions paid to third parties.
May 20, 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, 202215 organisations call for the compensation scheme of last resort to include product providers, managed investment schemes and the funeral expenses industry.
October 12, 2021Superannuation funds and managed investment scheme issuers will now have until September 2022 to comply with fee and cost disclosure requirements.
September 10, 2020The hardship relief will make it easier for responsible entities of frozen funds to enable withdrawals by investors suffering hardship, says ASIC's Karen Chester.
August 27, 2020