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ARTICLE · 14 MARCH 2013

Continuous Disclosure: all to change on 1 May (or thereabouts)

This article will explain the changes to continuous disclosure and what listed companies have to do to comply with them.

AustraliaFinance and Banking

Listed companies have six weeks to prepare for the new reality of continuous disclosure.

ASX today released the final version of its new guidance on Listing Rule 3.1, along with a raft of amendments to the Listing Rules. ASX hopes to put the guidance and Listing Rule changes into effect on or around 1 May.

Clayton Utz is preparing a detailed analysis of both the revised guidance and the new Listing Rules. This will explain what the changes are and what listed companies have to do to comply with them.

The changes

ASX first released its proposed rewrite of Guidance Note 8 in October last year.

Since that time, it has conducted roadshows and consultations on the proposals. Clayton Utz provided its own client briefings on the changes and, following discussions with clients, made its own submissions to ASX.

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