Regulatory Alerts2026-06-03 | RG-253RG 253 Fundraising: Facilitating offers of CHESS Depository Interests
The Australian Securities and Investments Commission issued Regulatory Guide 253 to guide foreign companies and advisers on facilitating offers of CHESS Depository Interests. The document explains how ASIC Corporations Instrument 2025/180 modifies disclosure and licensing requirements under the Corporations Act 2001 to support these offerings. It further details the criteria for granting individual relief and provides instructions for ensuring effective disclosure during CDI offers.
Issued 28 March 2025
This is a guide for foreign companies listed on Australian financial markets, their advisers, and other persons involved in offers of CHESS Depository Interests (CDIs) over securities of a foreign company.
It explains:
how our relief in ASIC Corporations (Offers of CHESS Depository Interests) Instrument 2025/180 modifies the disclosure provisions in Ch 6D and gives relief from the licensing provisions in Pt 7.6 of the Corporations Act 2001 to facilitate offers of CDIs over underlying foreign securities;
when we will consider granting individual relief to facilitate offers of CDIs; and
how to provide effective disclosure for offers of CDIs.
Download RG 253 (PDF 552 KB)