ASIC has released technical updates to three
ASIC policy statements, a guidance paper, and a number of class orders
relating to financial services providers to ensure users of its policy
publications are working with the most current information.
The updated policy statements are:
- [PS 168] Disclosure: Product disclosure statements (and other disclosure obligations)
- [PS 175] Licensing: Financial product advisers – Conduct and disclosure
- [PS 182] Dollar disclosure
The updated guidance paper is titled Licensing: The Scope of the Licensing Regime: Financial Product Advice and Dealing – an ASIC Guide (‘Advice and Deal Guide’).
The policy statements and guides have been updated
to take account of the regulations made on 15 December 2005 amending
the financial services regime.