ASIC's regulatory guidance on compliance with the financial services regime.
The Corporations Act 2001 imposes:
- a single licensing regime for financial sales, advice and dealings in relation to financial products,
- consistent and comparable financial product disclosure,
- and a single authorisation procedure for financial exchanges and clearing and settlement facilities.
The regulatory framework covers a wide range of financial products including securities, derivatives, general and life insurance, superannuation, margin lending, carbon units, deposit accounts and means of payment facilities.
We have released regulatory guidance in relation to the Future of Financial Advice (FOFA) reforms. We are continuing to monitor the progress of the relevant regulations, in light of ongoing government review of these reforms.
- Regulatory index – Financial services
- Latest releases - Financial services
- AFS licensees: Applying for and managing your licence
- Future of Financial Advice reforms: Find out about the background and implementation of the FOFA reforms
- Giving advice: Read our guidance on giving financial advice
- Training: Minimum training standards that apply to advisers
- Disclosure: Financial services disclosure and product disclosure
- Dispute resolution
- Breach reporting
- Relief: ASIC can grant exemptions from or modifications to the law in certain situations.
- Carbon markets: Guidance for entities and individuals providing financial services and operating financial markets in regulated emissions units