December 15, 2016 BY Valentina Kirilova
ASIC releases new instrument for buy-backs for ASX-listed schemes and updates guidance for scheme buy-backs
ASIC has released a new legislative instrument regarding on-market buy-backs of ASX-listed schemes, replacing the class order due to expire ('sunset') on 1 April 2018. ASIC has replaced Class Order [CO 07/422] with the new legislative instrument ASIC Corporations (ASX-listed Schemes On-market Buy-backs) Instrument 2016/1159. Class Order [CO 07/422] has been repealed by ASIC Corporations…
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