Reports 12 – ASIC updates guidance on product disclosure statements (RG 168) and IDR and EDR (RG 165)

ASIC has today released updated Regulatory Guide 168 Disclosure: Product Disclosure Statements (and other disclosure obligations) (RG 168).

ASIC Commissioner, Mr Greg Medcraft, says the updated guide reflects key findings from ASIC’s recent report Review of disclosure for capital protected products and retail structured or derivative products (REP 201) which was based on a program by ASIC which involved the review of 64 Product Disclosure Statements (PDS) for adequacy of disclosure.

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Please be aware that there has also been further updates in regards to Regulatory Guide 165 Licensing: Internal and external dispute resolution (RG 165).

 

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