The Australian Securities and Investments Commission (ASIC) has remade three legislative instruments due to sunset in October 2026, preserving the associated relief for another five years. Following consultation, ASIC found that the measures remain necessary and effective in supporting market operations and reducing compliance burdens. The relief has not changed materially. The instruments continue to facilitate electronic issuance, transfer and settlement through Austraclear without paper certificates, align directors’ interest disclosures with market listing rules and simplify record keeping for financial services licensees trading on foreign markets. Minor amendments clarify and simplify the drafting, while the directors’ disclosure relief now applies on a market neutral basis to public companies listed on any declared financial market with equivalent disclosure requirements.
2026-09-28Australian Securities & Investments Commission
Australian Securities and Investments Commission extends three financial markets relief instruments for five years
The Australian Securities and Investments Commission has extended three financial markets relief instruments for five years, with no material change to the relief. The measures support Austraclear settlement, streamline directors’ interest disclosures and simplify records for foreign market dealings, with the disclosure relief expanded to equivalent declared financial markets.