14. December 2010 11:05
ASIC has released a new regulatory guide regarding online financial services disclosure: RG 221 Facilitating online financial services disclosures.
In the guide, ASIC sets out its interpretation of the Corporations Act’s online financial services disclosure provisions, and the relief that it has granted in CO 10/1219. More information is available on the ASIC site. The class order commenced yesterday (13 December) and modifies s 940C in relation to all persons. The explanatory statement is available on Comlaw.