Regulatory Alerts2014-03-03 | RG-107RG 107 Fundraising: Facilitating electronic offers of securities
The Australian Securities and Investments Commission issued this guide to facilitate the use of email and the internet for making securities offers under Chapter 6D of the Corporations Act. It explains the regulator's interpretation of fundraising provisions regarding electronic disclosure documents and application forms, while describing relief for personalized or AFS licensee-created forms. The document also provides good practice guidance for using and distributing these electronic materials and notes that such documents must be lodged through the ASIC Regulatory Portal from 27 July 2020.
Issued 27 July 2020
This is a guide to facilitate the use of email and the internet to make offers of securities under Ch 6D of the Corporations Act.
This guide:
explains how we interpret the fundraising provisions in Ch 6D when using electronic disclosure documents and electronic application forms, including the distribution of these documents by email and the internet;
describes the relief we have provided for personalised or Australian financial services (AFS) licensee created application forms; and
sets out our ‘good practice guidance’ for using electronic disclosure documents and electronic application forms, including the distribution of these documents by email and the internet.
Note: From 27 July 2020, fundraising disclosure documents, including application forms and supplementary and replacement disclosure documents, should be lodged through the ASIC Regulatory Portal . Details of fundraising offers will be shown on the public database Offer Notice Board . For more information, see how you lodge fundraising and corporate finance documents .
Download RG 107 (PDF 340 KB)