Managed investment schemes top 20 member notification changed

Corporations Amendment Regulations 2008 (No. 1)
has been introduced to remove the requirement for managed investment schemes to
notify the Australian Securities and Investments Commission (ASIC) of
their top 20 interest holders each year, as part of the annual review
process.

The public can still access information on scheme ownership through
scheme members’ registers that must be kept by all managed investment
schemes, in addition to ASX disclosures.

 

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