Skip to main content

CP 388 Net tangible assets requirement for responsible entities

consultation paper – 388

Released 18 March 2026. Comments due 17 April 2026. 

This consultation paper seeks feedback on options for increasing the net tangible assets (NTA) requirement for responsible entities in ASIC Corporations (Financial Requirements for Responsible Entities, IDPS Operators and Corporate Directors of Retail CCIVs) Instrument 2023/647. 

It also seeks feedback on: 

  • increasing the NTA requirements that apply to other fund operators i.e. operators of investor directed portfolio services (IDPSs) and corporate directors of retail corporate collective investment schemes (CCIVs), and   
  • the NTA requirements for other categories of licensees as this will inform future ASIC work. 

Downloads 

Related links