CP 357 Remaking relief for business introduction services: ASIC Instrument 2017/186
Released 25 January 2022. Comments closed 15 February 2022.
This consultation paper sets out ASIC’s proposals to amend our relief for business introduction services under ASIC Corporations (Repeal and Transitional) Instrument 2017/186 (ASIC Instrument 2017/186), which is due to expire on 1 April 2022.
We are seeking feedback from all interested stakeholders including operators of business introduction services on our proposals to:
- allow the relief for Ch 6D securities to expire
- extend the relief for interests in managed investment schemes to 1 April 2025, and
- amend the relief to clarify that the design and distribution obligations apply to business introduction services.