ASIC is updating its regulatory guides (RGs) to ensure they remain simple to follow, effective, current, and appropriate.
This is part of our firm commitment to improving regulatory efficiency and reducing regulatory complexity, as announced at this year's ASIC Annual Forum.
To assist regulated entities in understanding the law, we publish updated regulatory guidance on an ongoing basis and this work will continue in 2025.
In 2025, ASIC will consult with stakeholders to update some key RGs, taking into account law reform, insights from case law about the provisions and other relevant issues. The RGs that we intend to update next year, include:
- Regulatory Guide 53 The use of past performance in promotional material
- Regulatory Guide 168 Disclosure: Product Disclosure Statements (and other disclosure obligations)
- Regulatory Guide 181 Licensing: Managing conflicts of interest
- Regulatory Guide 183 Approval of financial services codes of conduct, and
- Regulatory Guide 234 Advertising financial products and services (including credit): Good practice guidance.
For further details about our upcoming releases and timing, please refer to ASIC's Regulatory Developments Timetable.
We welcome the feedback provided by stakeholders to assist in the maintenance of our RGs. This feedback is fundamental to ASIC's work and assists the development of our regulatory guidance.
