ASIC Moves to Extend AFS Licensing Relief Measures to 2031
Australian Securities and Investments Commission is consulting on extending two AFS licensing relief measures for another five years, with feedback due by June 1.
The proposals would remake two instruments expiring on October 1, 2026. One allows general advice in certain overseas-related documents without requiring an AFS license, while the other removes the need to disclose some figures in Australian dollars.
ASIC said the changes are minor and technical, with no shift in policy. A small update would extend the dollar disclosure exemption to risk products issued through discretionary mutual funds.
The move comes amid a heavy regulatory period, including a June 30 deadline for unlicensed digital asset providers to comply with AFS rules.
If approved, the measures will remain in place until 2031.
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