ASIC proposes updates to guidance on ASIC RG 234
ASIC is proposing updates to its advertising guidelines, Regulatory Guide 234 – Advertising financial products and services: Good practice guidance, to ensure financial firms advertise products honestly and fairly. The proposed changes aim to simplify and streamline the existing rules by incorporating guidance from the separate RG 53 (on using past performance) directly into RG 234, and adding new content that reflects the outcomes of ASIC’s recent enforcement actions.
Stakeholders must submit feedback on the draft by 22 January 2026. Read more here.
Organisations affected: All financial firms
Policies affected: Watch for future amendments
Urgent compliance reminder: FAR deadline ahead
AFSLs are reminded of the 31 December deadline to ensure all their advisers’ details on the FAR are up to date. ASIC are providing updated data on a regular basis which all AFSLs are urged to check – here.
The critical deadline for all relevant providers to meet the full professional qualifications standard is 1 January 2026. Any false information identified is a serious offence. Read more here.
Organisations affected: AFSL holders
Policies affected: Advice policies and procedures
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