Regulatory Alerts2022-10-06 | RG-259RG 259 Risk management systems of fund operators
The Australian Securities and Investments Commission issued this guide to assist Australian financial services licensees acting as fund operators in complying with their risk management obligations. It provides specific guidance on meeting the requirement under section 912A(1)(h) of the Corporations Act 2001 to maintain adequate risk management systems. The document targets responsible entities and corporate directors to ensure they understand how to effectively implement these necessary controls.
Issued 6 October 2022
This guide is for Australian financial services (AFS) licensees that are responsible entities or corporate directors (fund operators).
It gives specific guidance on how fund operators may comply with their obligation under s912A(1)(h) of the Corporations Act 2001 (Corporations Act) to maintain adequate risk management systems.
Download the guide (PDF 629 KB)
Download the regulation impact statement (PDF 270 KB)