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ARTICLE · 17 OCTOBER 2025

APAC Monthly Private Wealth Legal Developments – September 2025

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

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Relief was extended to schemes with interests quoted on a financial market operated by Cboe Australia Pty Ltd in response to consultation feedback that the instruments should be drafted in a more market-neutral manner. [29 Sep 2025]

GlobalFinance and Banking
Richard Norridge
Richard Norridge
Jojo Fan
Jojo Fan
Truman Mak
Truman Mak
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Australia

ASIC remakes managed investment products consideration instrument

ASIC has announced that it has remade ASIC Instrument 2015/847 which governed the pricing of interests in managed investment schemes, other than time-share schemes, registered before 1 October 2013. ASIC Instrument 2025/629 continues the relief available under ASIC Instrument 2015/847 with minor changes which:

  • simplify the requirements to document exercises of discretion affecting the pricing of interests;
  • reduce the level of prescription in the instrument's provisions; and
  • provide that schemes with interests quoted on a financial market operated by Cboe Australia Pty Ltd may rely on the relief.

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