Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 61 results for "Class Order"

ASIC extends relief for retirement estimates

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... superannuation trustees to continue to use the relief when sending annual statements to members for this financial year. ASIC's class order 'Relief for providers of retirement estimates' gave conditional relief from the licensing, conduct and disclosure ...

ASIC changes ETF market maker rules

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
... easier for offshore market makers to work with ASX-listed and Chi-X listed ETFs. The corporate regulator has amended Class Order 13/721 [CO 13/721] to remove the requirement that an authorised participant must be an Australian resident for tax purposes. ...

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... will allow additional time for the government to make the regulations, ASIC explained, adding that an amendment to Class Order 14/443 reflects the deferral. "Depending on when regulations are made, ASIC may shorten the period of the relief by a further ...

ASX revises capital raising measures

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
... measures were implemented back in March in response to the extreme market volatility being experienced. It introduces two class order waivers to help listed entities affected by COVID-19 to raise urgently needed capital. The ASX said the waivers will ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

Results of ASIC MDA review imminent

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
... said: "ASIC has issued quite a number of MDA licences in the last couple of years since they released the updated class order in September 2016. In that intervening three years, they've issued a large number of MDA licences so that implies they've been ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting Your Super Package) Act 2019 and Regulations (PYSP), part ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... superannuation funds with more than five members must disclose dashboards for MySuper products only. ASIC has amended Class Order CO 14/443 to defer choice super product providers' obligations until 1 July 2023. "This will allow further consideration ...

Limited MDA deadline closes in

KARREN VERGARA  |  WEDNESDAY, 8 AUG 2018
... licensing requirements if the path chosen by a licensee is to apply to become an MDA provider. When ASIC updated the MDA class order in September last year, one of the changes was to provide a sunset arrangement for the limited MDA client arrangements ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...