Australian Securities and Investments Commission

Regulatory guides

RG 1-20
RG 21-40
RG 41-60

RG 61-80
RG 81-100
RG 101-120

RG 121-140
RG 141-160
RG 161-

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These documents give guidance to regulated entities by:

explaining when and how ASIC will exercise specific powers under legislation (primarily the Corporations Act)
explaining how ASIC interprets the law
describing the principles underlying ASIC's approach, and/or
giving practical guidance (for example, describing the steps of a process such as applying for a licence, or giving practical examples of how regulated entities may decide to meet their obligations).

Before 5 July 2007 some of these documents may have been issued as policy statements, practice notes, guides, guidelines or kits, or frequently asked questions. More information about our regulatory documents and July 2007 changes.

More information on Regulation Impact Statements (RIS) and Business Cost Calculation (BCC) Reports

RG no.	Title	Previous no.
RG 1	AFS Licensing Kit: Part 1 — Applying for and varying an AFS licence
RG 2	AFS Licensing Kit: Part 2 — Preparing your AFS licence application
RG 3	AFS Licensing Kit: Part 3 — Preparing your additional proofs
RG 4	Intervention	PS 4
RG 5	Relevant interests in unissued share capital	PN 5
RG 6	Variation of takeover offers	PN 4
RG 7	Calculating time periods	PN 19
RG 8	Hearings practice manual See also our information sheet on Administrative hearings
RG 9	Relevant interests in shares	PN 25
RG 10	Classes of shares	PN 32
RG 11	Disclosure of offerors' intentions in takeover documents	PN 35
RG 12	Valuation reports and profit forecasts Superseded (see RG 111 and RG 112)	PN 43
RG 13	ACN, ARBN and company names	PN 47
RG 14	Receivers — retention of company records	PN 14
RG 15	Enforcement action — no undertakings	PN 49
RG 16	External administrators: Reporting and lodging	PN 50
RG 17	Fees for subpoenas	PN 51
RG 18	Serving legal documents on the ASC	PN 52
RG 19	Film investment schemes	PS 19
RG 20	Disclosure of convictions and proceedings	PN 20
RG 21	How ASIC charges fees for relief applications	PN 58
RG 22	Directors' statement as to solvency	PN 22
RG 23	Updating and correcting prospectuses and application forms	PN 60
RG 24	Disclosure of directors' interests — unissued shares	PN 24
RG 25	Takeovers: False and misleading statements	PS 25
RG 26	Resignation of auditors	PS 26
RG 27	Takeovers: minimum acceptance conditions	PN 27
RG 28	Relief from dual lodgment of financial reports	PN 61
RG 29	Financial reporting by Australian entities in dual-listed company arrangements	PN 71
RG 30	Paperless issues under a global debenture	PS 30
RG 31	Acquisitions and disposals by a broker acting as principal	PS 31
RG 32	Trustee companies common funds	PS 32
RG 33	Security deposits	PS 33
RG 34	Auditors' obligations: reporting to ASIC	PN 34
RG 35	Collateral benefits in takeovers	PS 35
RG 36	Licensing: Financial product advice and dealing
RG 37	Takeovers — financing arrangements	PN 37
RG 38	The hawking prohibitions
RG 39	Licensed investment advisers — security deposits	PS 39
RG 40	Good transaction fee disclosure for bank, building society and credit union deposit and payments products (transaction accounts)
RG 41	Limited partnerships fundraising	PS 41
RG 42	Independence of experts' reports Superseded (see RG 111 and RG 112)	PN 42
RG 43	Financial reports and audit relief	PS 43
RG 44	Annual general meeting — extension of time	PS 44
RG 45	Mortgage schemes—improving disclosure for retail investors Read the regulation impact statement
RG 46	Unlisted property schemes—improving disclosure for retail investors Read the regulation impact statement
RG 47	Public comment	PS 47
RG 48	Takeovers aspects of options over shares	PN 48
RG 49	Employee share schemes	PS 49
RG 50	Omission of "Limited" from company names	PS 50
RG 51	Applications for relief	PS 51
RG 52	Enforcement action submissions	PS 52
RG 53	The use of past performance in promotional material
RG 54	Principles for cross border financial services regulation
RG 55	Disclosure documents and PDS: consent to quote	PN 55
RG 56	Prospectuses	PS 56
RG 57	Notification of rights of review	PN 57
RG 58	Reporting requirements — registered foreign companies and Australian companies with foreign company shareholders	PS 58
RG 59	Announcing and withdrawing takeover bids (s653 and s746)	PN 59
RG 60	Schemes of arrangement — s411(17)	PS 60
RG 61	Underwriting — application of exemptions	PS 61
RG 62	Better disclosure for investors
RG 63	Access to debenture and prescribed interest registers	PS 63
RG 64	Failure to lodge documents (currently under review)	PS 64
RG 65	Section 1013DA disclosure guidelines
RG 66	Transaction-specific disclosure	PN 66
RG 67	Real estate companies	PS 67
RG 68	New financial reporting and procedural requirements	PN 68
RG 69	Debentures - improving disclosure for retail investors Read the regulation impact statement
RG 70	Prospectuses for cash box and investment companies	PN 70
RG 71	Downstream acquisitions	PS 71
RG 72	Foreign securities prospectus relief	PS 72
RG 73	Continuous disclosure obligations: Infringement notices
RG 74	Acquisitions agreed to by shareholders Paragraphs RG 74.15 and RG 74.20–RG 74.29 of this guide have been superseded (see RG 111 and RG 112)	PS 74
RG 75	Independent expert reports to shareholders Superseded (see RG 111 and RG 112)	PS 75
RG 76	Related party transactions	PS 76
RG 77	Property trusts and property syndicates	PS 77
RG 78	Breach reporting by AFS licensees
RG 79	Managing conflicts of interest: An ASIC guide for research report providers
RG 80	Managed investment schemes — interests not for money	PS 80
RG 81	Destruction of books	PS 81
RG 82	External administration: Deeds of company arrangement involving a creditor's trust
RG 83	Reinstatement of companies (currently under review)	PS 83
RG 84	Super switching advice: Questions and answers
RG 85	Reporting requirements for non-reporting entities
RG 86	Tracing beneficial ownership	PS 86
RG 87	Charities	PS 87
RG 88	Trustee and nominee companies	PS 88
RG 89	Disclosing pro forma financial information (not yet released)
RG 90	Example Statement of Advice for a limited financial advice scenario for a new client
RG 91	Horse racing and breeding schemes	PS 91
RG 92	Procedural fairness to third parties	PS 92
RG 93	Reimbursing liquidation costs	PS 93
RG 94	Unit pricing: Guide to good practice (joint publication with APRA)
RG 95	Disclosing entity provisions relief	PS 95
RG 96	Debt collection guideline for collectors and creditors (joint publication with ACCC)
RG 97	Enhanced fee disclosure regulations: Questions and answers
RG 98	Licensing: Administrative action against financial services providers
RG 99	Quotation of securities offered by prospectus (s1031)	PS 99
RG 100	Enforceable undertakings See also Enforceable undertakings templates
RG 101	On-market buy-backs by ASX-listed schemes Read the regulation impact statement	RG 101
RG 102	Tender offers by vendor shareholders	PS 102
RG 103	Confidentiality and release of information	PS 103
RG 104	Licensing: Meeting the general obligations
RG 105	Licensing: Organisational competence
RG 106	Controller duties and bank accounts	PS 106
RG 107	Electronic prospectuses	PS 107
RG 108	No-action letters	PS 108
RG 109	Assetless administration fund: Funding criteria and guidelines
RG 110	Share buy-backs	PS 110
RG 111	Content of expert reports
RG 112	Independence of experts
RG 113	Not yet assigned
RG 114	Not yet assigned
RG 115	Audit relief for proprietary companies	PS 115
RG 116	Commentary on compliance plans: Agricultural industry schemes
RG 117	Commentary on compliance plans: Financial asset schemes
RG 118	Commentary on compliance plans: Contributory mortgage schemes
RG 119	Commentary on compliance plans: Pooled mortgage schemes
RG 120	Commentary on compliance plans: Property schemes
RG 121	Doing financial services business in Australia
RG 122	Not yet assigned
RG 123	Not yet assigned
RG 124	Not yet assigned
RG 125	Small offers of shares to existing shareholders by listed companies — share purchase plans	PS 125
RG 126	Compensation and insurance arrangements for AFS licensees Read the information release Read the regulation impact statement
RG 127	Additional investments in managed investment schemes	PS 127
RG 128	Collective action by institutional investors	PS 128
RG 129	Business introduction or matching services	PS 129
RG 130	Managed investments: Licensing (withdrawn)	PS 130
RG 131	Not yet assigned
RG 132	Managed investments: Compliance plans	PS 132
RG 133	Managed investments: Scheme property arrangements	PS 133
RG 134	Managed investments: Constitutions	PS 134
RG 135	Managed investments: Transitional issues	PS 135
RG 136	Managed investments: Discretionary powers and closely related schemes	PS 136
RG 137	Not yet assigned
RG 138	Not yet assigned
RG 139	Approval of external complaints resolution schemes	PS 139
RG 140	Serviced strata schemes	PS 140
RG 141	Offers of securities on the internet	PS 141
RG 142	Schemes of arrangement and ASIC review	PS 142
RG 143	Takeovers provisions: Warrants	PS 143
RG 144	Mortgage investment schemes	PS 144
RG 145	Collateral benefits — Takeovers funding and pre-bid purchases	PS 145
RG 146	Licensing: Training of financial product advisers	PS 146
RG 147	Mutuality — Financial institutions	PS 147
RG 148	Investor directed portfolio services	PS 148
RG 149	Nominee and custody services	PS 149
RG 150	Electronic applications and dealer personalised applications	PS 150
RG 151	Fundraising: Discretionary powers	PS 151
RG 152	Lodgment of disclosure documents	PS 152
RG 153	Not yet assigned
RG 154	Certificate by a qualified accountant	PS 154
RG 155	Debenture prospectuses	PS 155
RG 156	Debenture advertising Read the regulation impact statement
RG 157	Financial reports for offer information statements	PS 157
RG 158	Advertising and publicity for offers of securities	PS 158
RG 159	Takeovers, compulsory acquisitions and substantial holdings	PS 159
RG 160	Time-sharing schemes	PS 160
RG 161	Share and interest sale facilities Read the business cost calculation report
RG 162	Internet discussion sites	IPS 162
RG 163	Takeovers: Minimum bid price principle: s621	PS 163
RG 164	Superseded (see RG 104 and RG 105)
RG 165	Licensing: Internal and external dispute resolution	PS 165
RG 166	Licensing: Financial requirements	PS 166
RG 167	Licensing: Discretionary powers	PS 167
RG 168	Disclosure: Product Disclosure Statements (and other disclosure obligations)	PS 168
RG 169	Disclosure: Discretionary powers	PS 169
RG 170	Prospective financial information	PS 170
RG 171	Anomalies and issues in the takeover provisions	PS 171
RG 172	Australian market licences: Australian operators	PS 172
RG 173	Disclosure for on-sale of securities and other financial products	PS 173
RG 174	Externally administered companies: Financial reporting and AGMs	PS 174
RG 175	Licensing: Financial product advisers — conduct and disclosure	PS 175
RG 176	Licensing: Discretionary powers — wholesale foreign financial services providers	PS 176
RG 177	Australian market licences: Overseas operators	PS 177
RG 178	Foreign collective investment schemes	PS 178
RG 179	Managed discretionary account services	PS 179
RG 180	Auditor registration	PS 180
RG 181	Licensing: Managing conflicts of interest	PS 181
RG 182	Dollar disclosure	PS 182
RG 183	Approval of financial services sector codes of conduct	PS 183
RG 184	Superannuation: Delivery of product disclosure for investment strategies Read the regulation impact statement	PS 184
RG 185	Non-cash payment facilities Read the regulation impact statement	PS 185
RG 186	External administration: liquidator registration Read the regulation impact statement	PS 186
RG 187	Auditor rotation	PS 187
RG 188	Disclosure in reconstructions Read the regulation impact statement	PS 188
RG 189	Disclosure relief for rights issues
RG 190	Offering securities in New Zealand and Australia under mutual recognition
RG 191	Superannuation: helping investors look at longer-term returns—ASIC’s best practice guide
RG 192	Licensing: wholesale equity venture capital schemes
RG 193	Notification of directors' interests in securities—listed companies
RG 194	Insurance requirements for registered liquidators
RG 195	Group purchasing bodies for insurance and risk products
RG 196	Short selling: Overview of s1020B

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ASIC Website: Printed 10/12/2008

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