The Australian Securities & Investments Commission has remade the legislative instrument that exempts certain securitisation entities from holding an Australian financial services (AFS) licence, maintaining the relief previously provided under the earlier instrument. ASIC Corporations (Securitisation Special Purpose Vehicles) Instrument 2026/175 continues the relief in ASIC Corporations (Securitisation Special Purpose Vehicles) Instrument 2016/272. The instrument applies in specific circumstances to entities carrying on a securitisation business and exempts them from the requirement to hold an AFS licence when providing financial services to clients other than retail clients. ASIC assessed the instrument as operating effectively and indicated it will make minor amendments to Regulatory Guide 167 AFS licensing: Discretionary powers for consistency and clarity.
Australian Securities & Investments Commission 2026-04-10
Australian Securities & Investments Commission remakes securitisation SPV relief exempting certain entities from Australian financial services licensing
The Australian Securities & Investments Commission has remade ASIC Corporations (Securitisation Special Purpose Vehicles) Instrument 2026/175, continuing existing exemptions from Australian financial services licensing requirements for certain securitisation entities providing services to non-retail clients. ASIC assessed the relief as operating effectively and will make minor amendments to Regulatory Guide 167 AFS licensing: Discretionary powers to improve consistency and clarity.