ASIC issues regulatory materials including regulatory guides, information sheets, letters to trustees, consultation papers and FAQs, and may grant individual and legislative instrument(formerly class order)relief to guide and assist the industry to meet the regulatory requirements relevant to the superannuation industry.
The relief for superannuation platforms, multi-funds and hedge funds now runs until 30 June 2017. The relief in CO 12/749 Relief from the Shorter PDS regime and CO 12/1592 means that issuers of these products will remain subject to the disclosure provisions under Chapter 7 of the Corporations Act 2011.
See Information Sheet 155, Shorter PDSs: Complying with requirements for superannuation products and simple managed investment schemes (INFO 155).
Earlier guidance in relation to shorter PDSs is available in Information Sheet 133 Shorter PDS regime: Superannuation, managed investment schemes and margin lending (INFO 133). This infosheet provides concise guidance for industry on technical issues related to implementation of the shorter PDS regime.