Australian Securities & Investments Commission consults on remaking exchange-traded warrant relief instruments for five years

The Australian Securities & Investments Commission (ASIC) is seeking feedback on a proposal to remake two sunsetting legislative instruments that provide regulatory relief for exchange-traded warrants, on the basis that the relief is operating effectively and remains necessary. ASIC proposes to extend the relief for a further five years with minor amendments. The instruments are ASIC Corporations (Margin Lending Relief for Exchange-Traded Instalment Warrants) Instrument 2021/194, which exempts certain exchange-traded instalment warrants from margin lending obligations that would otherwise apply to traditional margin loans, and ASIC Corporations (Exchange-Traded Warrants) Instrument 2016/886, which exempts secondary sales of warrants quoted on declared financial markets from disclosure requirements that would otherwise apply to the issue of financial products. The proposed changes include adopting market-neutral language, simplifying definitions and rewording an exemption in the draft remake of the exchange-traded warrants instrument to improve clarity, and removing definitions now contained in the Corporations Act 2001. Feedback is due by 5pm AEST on Tuesday 24 March 2026.