7 November 2014 Yesterday, ASIC amended Class Order 12/749 to extend the interim relief from the shorter PDS regime for certain funds that was due to expire on 30 June 2015. The relief will now expire on 30 June 2016, pending the outcome of the Financial System Inquiry and further work by the Government on the shorter PDS […]
31 October 2014 Today, ASIC released a revised policy and new class orders dealing with employee share schemes. While the revised policy will continue to extend existing benefits to listed companies, ASIC has added new disclosure relief for unlisted companies wishing to offer incentives to their employees. To read the media release and updated policy, click the following link: http://www.asic.gov.au/about-asic/media-centre/find-a-media-release/2014-releases/14-287mr-asic-update-of-employee-incentive-scheme-policy-and-release-of-class-orders/ […]