ASIC amendments to RG 97
Friday, 24 July 2020
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ASIC has released minor amendments to RG 97. See RG97 Update media release. The update makes amendments to the PDS transition arrangements and also confirms ASIC’s policy position on:
- the disclosure of buy-sell spreads in a periodic statement for collective investment products under [CO 14/1252].
- the disclosure of performance fees;
- the treatment of derivatives costs; and
- the significant event notice requirements.
Please raise any comments or questions with the ACSA Regulatory Working Group or Robert Brown, Chief Executive Officer.
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