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Showing 1 - 10 of 23 results for "Legislative Instruments"

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... moved to extend relief measures applying to a range of managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the instruments will be extended for a further five years beyond their ...

ASIC furthers simplification with regulatory roadmaps

ELIZA BAVIN  |  TUESDAY, 19 MAY 2026
... Regulatory simplification (REP 813) in September 2025, ASIC has also developed clearer guidance and simplified legislative instruments to ensure they are easy to understand, while implementing sector-based regulatory roadmaps to help small company directors ...

ASIC issues roadmap for digital assets law reform

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... time to consult with industry on regulatory guidance and operational standards, which will be set out in legislative instruments. In addition, access to the INFO 225 class no-action position will expire in June. Entities will need to comply with existing ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... the areas we regulate, how we can make it easier to transact with us, and how we can simplify guidance, legislative instruments and forms."

ASIC culls red tape, sets sights on more

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... said it was reducing the complexity in regulatory instruments, with pilots to consolidate and simplify 23 legislative instruments by at least 65 pages, in addition to the 181 pages of guides that have already been cut. Lastly, ASIC said it is working ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
ASIC is set to extend three legislative instruments for five years, one of which relates to record keeping for financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... redundant provisions and making drafting improvements. The Legislation Act 2003 governs the sunset of legislative instruments, but the sunsetting date for the 1995 Regulations was deferred to October 2024 to allow for a comprehensive review. An exposure ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3, licensees will likely pay $2818 per adviser. "When ASIC published their estimates for the 2022-23 year, in ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... across numerous locations, and are often expressed in tediously intricate ways. For example, hundreds of legislative instruments create bespoke laws for certain entities by 'notionally amending' the Corporations Act." "The resulting labyrinth - and the ...

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... by a super trustee. To rely on ASIC's relief, providers must comply with the conditions set out in the legislative instruments.
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