ASIC updates financial services regulatory guides

ASIC has released updated versions of the following regulatory guides:

  • Regulatory Guide 36 Licensing: Financial product advice and dealing (RG 36);
  • Regulatory Guide 121 Doing financial services business in Australia (RG 121);
  • Regulatory Guide 170 Prospective financial information (RG 170);
  • Regulatory Guide 175 Licensing: Financial product advisers – conduct and disclosure (RG 175).

The guides have been updated to include ‘traditional trustee company services’ under the definition of ‘financial service’, and include references to other rules and legislation relevant to licensees that have been made since the guide was last published, such as the National Credit Act and ASIC market integrity rules.

 

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