ASIC announced that has extended Class Order [CO 12/749] Relief from the Shorter PDS regime for one year. The class order relief was due to expire on 30 June 2017. The class order provides interim relief, until 30 June 2018, to exclude multifunds, superannuation platforms and hedge funds from the disclosure requirements of the shorter…
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Following public consultation, ASIC has released a new legislative instrument regarding differential fees, replacing the class order due to expire (‘sunset’) on 1 April 2017. ASIC has replaced Class Order [CO 03/217] with the new legislative instrument ASIC Corporations (Registered Schemes - Differential Fees) Instrument 2017/40 that: expands the relief where a member acquires an…
Read moreASIC has made a new legislative instrument to replace three class orders on dollar disclosure that were due to expire (‘sunset’) on October 1, 2016 and April 1, 2017 respectively. The new legislative instrument is ASIC Corporations (Disclosure in Dollars) Instrument 2016/767. The instrument has the same effect as relief that ASIC had granted by…
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