The Australian Securities and Investments Commission has issued two replacement legislative instruments maintaining relief from Australian dollar disclosure requirements and Australian financial services licensing requirements for general advice in certain exempt documents. The instruments replace measures due to expire on Oct. 1, 2026. The dollar disclosure instrument exempts specified information in Product Disclosure Statements, Statements of Advice and periodic statements from being presented in Australian dollars, and extends the exemptions to certain risk products provided by discretionary mutual funds. The general advice instrument provides licensing relief for advice contained in specified documents, including explanatory statements for foreign schemes of arrangement and offer documents for control transactions regulated in specified foreign markets.
2026-09-25Australian Securities & Investments Commission
Australian Securities and Investments Commission replaces expiring dollar disclosure and general advice relief instruments
The Australian Securities and Investments Commission has replaced two instruments expiring on Oct. 1, 2026, maintaining relief for Australian dollar disclosures and general advice in certain exempt documents. The dollar disclosure exemptions now also cover certain risk products provided by discretionary mutual funds.