- ASIC is providing responsible entities with clarity on regulatory issues arsing from the COVID-19 pandemic.
- Responsible entities may now submit some documents electronically.
- The deadline for entities to lodge financial reports has been extended.
We know that responsible entities聽of managed investment schemes are finding it more challenging than usual to operate their businesses as staff work remotely due to COVID-19.
To provide responsible entities with more clarity on regulatory issues relevant to running a managed investment scheme during this time, 魅影直播 has published聽frequently asked questions聽(FAQs). We will continue to add to these questions as issues arise.
The FAQs cover what responsible entities聽need to do when lodging documents, including what documents can be submitted electronically, whether electronic signatures may be used and how to submit applications for relief. We have also extended the deadline for listed and unlisted entities to lodge financial reports.
ASIC also聽recently reminded聽responsible entities of managed investment schemes about their fundamental duties and legal obligations to members as they face the market volatility, disruption and other challenges associated with COVID-19.
ASIC is Australia鈥檚 corporate, markets and financial services regulator.