Released 4 August 2026. Comments closed 11 September 2026.
Following industry engagement on the future of Australia’s public and private markets, and as signalled in the release of Report 823 Advancing Australia’s evolving capital markets: Discussion paper response report, ASIC has been reviewing the pre-lodgement advertising and publicity regime for offers of securities requiring a disclosure document.
This consultation paper seeks your feedback on our proposed extension to existing ASIC relief relating to pre-lodgement advertising and publicity for offers of securities that require a disclosure document.
The proposal aims to better accommodate modern market practices, improve the quality of information provided to investors and achieve greater consistency with comparable domestic and international regimes.
Downloads
- Consultation Paper 390 Proposed reform to the pre-lodgement advertising and publicity regime (PDF 1.6 MB)
- Attachment to CP 390: ASIC Corporations (Pre-Prospectus Advertising and Publicity) Instrument 2026/XX (PDF 305 KB)
Feedback on CP 390
Released 12 November 2026.
The Summary of feedback to CP 390 and ASIC’s response below summarises the feedback we received and ASIC’s response to that feedback. It is not intended to be a comprehensive summary of all feedback or all changes to our regulatory approach to the proposals outlined in CP 390.
Summary of feedback to CP 390 and ASIC’s response (PDF 233 KB)