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ARTICLE · 01 OCTOBER 2012

ASX releases proposed Listing Rule changes - revised disclosure regime for resources companies

Clayton Utz
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Listed mining and oil & gas companies must prepare to comply with new disclosure requirements.

AustraliaEnergy and Natural Resources
Brett Cohen
Brett Cohen
Liz Humphry
Liz Humphry
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Key Points:

Listed mining and oil & gas companies should now consider putting in place the proper systems to ensure they can meet these new disclosure requirements.

After much public consultation and comment, ASX has released a consultation paper setting out the proposed Listing Rule changes and guidance notes to create robust new regulations governing the reporting of reserves and resources by listed mining and oil and gas companies. In parallel with this, JORC has prepared and released a revised and updated JORC Code.

In previous Insights we have taken you through the various stages of comment and public consultation of ASX's push for more consistent and transparent reporting standards designed to bring Australian disclosure rules for mining and oil & gas companies in line with international standards.

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