ASIC relief for group insurance

ASIC has issued Class Order (CO 08/1) Group purchasing bodies to provide conditional exemptions for group purchasing bodies that arrange cover under insurance or facilities for managing financial risk (excluding certain foreign insurance) from the Australian financial services (AFS) licensing and managed investment scheme registration requirements.

  • Class Order (CO 08/1) Group purchasing bodies
  • Explanatory Statement to Class Order (CO 08/1)
  • Regulatory Guide 195 Group purchasing bodies for insurance and risk products
  • Group purchasing bodies may be eligible for the relief if they are independent or are acting incidentally to their not-for-profit activities.

    Print Friendly, PDF & Email

    Your Compliance Support Plan

    We understand you need a cost-effective way to keep up to date with regulatory changes. Talk to us about our fixed price plans.