The Australian Securities & Investments Commission (ASIC) has remade three legislative instruments that provide financial reporting-related relief, replacing instruments scheduled to sunset on 1 April 2026 and resetting their expiry to 1 April 2031. Following consultation, ASIC also confirmed it will withdraw Regulatory Guide 28 Relief from dual lodgment of financial reports (RG 28) and repeal ASIC Corporations (Offer Information Statements) Instrument 2016/76. The remade instruments cover rounding in financial and directors’ reports, electronic lodgment of financial, sustainability and directors’ reports via market operators, and relief supporting disclosure for continuously quoted securities and related cleansing notices under specified provisions of the Corporations Act 2001. The electronic lodgment relief applies to entities listed on the exchanges operated by ASX Limited, Cboe Australia, National Stock Exchange of Australia Limited and Sydney Stock Exchange Limited, and the remake extends this relief to entities listed on Cboe. ASIC will amend ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 to reflect the remade technical relief instrument, and will make minor amendments to Regulatory Guides 125, 173, 189 and 254 and INFO 31 in April 2026.
Australian Securities & Investments Commission2026-03-27
Australian Securities & Investments Commission remakes three financial reporting relief instruments and withdraws RG 28
The Australian Securities & Investments Commission (ASIC) has remade three legislative instruments providing financial reporting-related relief, extending their expiry to 1 April 2031. ASIC will withdraw Regulatory Guide 28 and repeal ASIC Corporations (Offer Information Statements) Instrument 2016/76. Amendments will be made to ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 and several regulatory guides in April 2026.