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ASIC releases guidance on new disclosure benchmarks and principles for hedge funds

Australia - September 20 2012 On 18 September 2012, ASIC released guidance on new disclosure benchmarks and principles for hedge funds in the form of Regulatory Guide 240 entitled ‘Hedge funds: Improving disclosure’ (RG 240).

James Graham, Yorick Ng.

ASIC releases guidance for, and class order exemptions from, the shorter PDS regime

Australia - June 19 2012 On 18 June 2012, ASIC released guidance in relation to the shorter PDS regime in the form of INFO 133 and INFO 155 and relief in the form of Class Order CO 12/749 entitled ‘Relief from the Shorter PDS regime’.

Fiona Smedley, Matthew Farnsworth.