ASX And Australian Securities and Investments Commission: Disclosure Guidance For Listed Entities

A key priority of both the Australian Securities Exchange (ASX) and the Australian Securities and Investments Commission (ASIC), as regulators of the market, is ensuring the market is fully informed in a timely manner.

This is achieved by working with listed entities to ensure they are aware of, and in compliance with, their continuous disclosure obligations, particularly in the current environment of high market volatility.

ASX and ASIC have cooperated on the release of two Companies Updates to assist companies meet their disclosure obligations.

• Companies Update 02/08 provides guidance on the disclosure of material information relating to the financing arrangements of listed entities and the margin loans held by company directors.
• Companies Update 01/08 provides guidance on the disclosure obligations of listed entities when they seek a trading halt or suspension of their securities.

Click here for full details.