CP 385 Proposed update to RG 181 Licensing: Managing conflicts of interest | ASIC

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Released 30 July 2025. Comments closed 5 September 2025.

This consultation paper seeks feedback on ASIC’s proposals to update Regulatory Guide 181 Licensing: Managing conflicts of interest (RG 181).

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Feedback on CP 385

Released 16 December 2025.

ASIC received 4 confidential submissions and 22 non-confidential submissions. There was broad support from industry, industry groups and other interested parties for ASIC’s proposal to simplify and update RG 181. We have summarised key feedback on the different sections of draft updated RG 181 and our responses, including how we have addressed the feedback in the final RG 181 where relevant.

Summary of feedback to CP 385 and ASIC’s response (PDF 365 KB)

Related links

25-150MR ASIC seeks feedback on proposed updates to conflicts management guidance
25-304MR ASIC renews guidance on managing conflicts of interest in financial services
Regulatory Guide 181 AFS licensing: Managing conflicts of interest (RG 181)

Submissions

(non-confidential submissions)