Following public consultation, the Australian Securities and Investments Commission has remade three legislative instruments and extended a fourth, continuing four forms of relief for Australia’s exchange-traded derivatives and securities markets for five years. The relief remains substantively unchanged and is intended to simplify disclosure, support trans-Tasman settlement and foreign securities transfers, facilitate securities lending and reduce unnecessary work for market participants. The instruments modify Product Disclosure Statement obligations where multiple parties are treated as issuers, recognize transfers through New Zealand’s NZCDC Legal Title Transfer system and apply statutory warranties and indemnities to certain foreign securities transfers. They also preserve relief from substantial holding requirements for parties involved in securities lending. ASIC made only minor changes to clarify requirements, update market and system references, adopt market-neutral language and simplify definitions.
2026-09-15Australian Securities & Investments Commission
Australian Securities and Investments Commission continues four exchange-traded derivatives and securities market relief measures for five years
The Australian Securities and Investments Commission has continued four forms of relief for exchange-traded derivatives and securities markets for five years after consultation. The measures support simplified disclosure, trans-Tasman settlement, foreign securities transfers and securities lending, with no substantive change to the relief.