Regulatory Alerts2013-08-20 | RG-036RG 36 Licensing: Financial product advice and dealing
The Australian Securities and Investments Commission issued this guide to assist persons providing financial product advice or dealing in financial products under the Corporations Act 2001. It clarifies the legal meanings of providing financial product advice and dealing in a financial product. The document further outlines the specific obligations that apply to providers of financial services.
Issued June 2016
This guide is for persons who provide financial product advice or deal in a financial product as defined in the Corporations Act 2001 (Corporations Act) and their professional advisers (such as lawyers).
It gives guidance on the meaning of ‘provide financial product advice’ and the meaning of ‘deal in a financial product’. It also provides guidance on the obligations that apply to providers of financial services.
Download RG 36 (PDF 714 KB)