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ARTICLE · 24 MARCH 2026

Funds Update - 20 March 2026

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

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On 18 March 2026, the Australian Securities & Investments Commission (ASIC) released its Consultation Paper on proposed changes to the net tangible assets...

AustraliaFinance and Banking
Fiona Smedley
Fiona Smedley
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In this Funds Update for 20 March 2026:

  1. ASIC consultation on changes to NTA requirements for responsible entities
  2. ASIC launches publicly available financial complaints data dashboard
  3. ASIC consultation on enhanced beneficial ownership disclosure

ASIC consultation on changes to NTA requirements for responsible entities 

On 18 March 2026, the Australian Securities & Investments Commission (ASIC) released its Consultation Paper on proposed changes to the net tangible assets (NTA) requirements for responsible entities (REs) of registered managed investment schemes. Consultation Paper 388 Net tangible assets requirement for responsible entities (CP 388) seeks feedback on:

  1. Option 1 – increasing the financial thresholds in both the non-concessional and concessional NTA requirements for REs in line with the consumer price index (CPI); 

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