news item

ASIC proposes to remake relief for exchange-traded warrants

Published

ASIC is seeking feedback on its proposal to remake two sunsetting legislative instruments which provide relief related to exchange-traded warrants.

The proposed legislative instruments to be remade are:

We have assessed that the instruments are operating effectively and continue to form a necessary part of the legislative framework.

ASIC proposes to remake the legislative instruments for a period of five years, with minor amendments including:

  • using market neutral language
  • simplifying the definitions and rewording the exemption in draft instrument ASIC Corporations (Exchange-Traded Warrants) Instrument 2026/<Number> to improve its clarity, and
  • removing definitions which are now contained in the Corporations Act 2001.

Providing feedback

Feedback should be sent to rri.consultation@asic.gov.au by 5pm AEST on Tuesday 24 March 2026.

Refer to the consultation webpage for further detail.

Background

Under the Legislation Act 2003, legislative instruments are repealed, or ‘sunset’, after 10 years, unless ASIC acts to preserve them.

ASIC Corporations (Margin Lending Relief for Exchange-Traded Instalment Warrants) Instrument 2021/194 exempts certain types of exchange-traded instalment warrants from the margin lending obligations, that are ordinarily applicable to traditional margin loans. This instrument extended the relief that was originally provided in ASIC Class Order [CO 10/1034].

ASIC Corporations (Exchange-Traded Warrants) Instrument 2016/886 exempts the secondary sales of warrants quoted on declared financial markets from the disclosure requirements ordinarily applying to the issue of financial products. This instrument extended the relief that was originally provided in ASIC Class Order [CO 02/608] and ASIC Class Order [CO 03/957].

 

ASIC is Australia’s corporate, markets and financial services regulator.