Regulatory Alerts2026-03-04 | RG-045RG 45 Mortgage schemes: Improving disclosure for retail investors
The Australian Securities and Investments Commission issued Regulatory Guide 45 to establish benchmarks and disclosure principles for unlisted and listed mortgage schemes. The guide requires responsible entities, compliance committees, and publishers to improve information provided to retail investors to facilitate better understanding and assessment of these investments. These measures aim to enhance transparency while preserving the flexibility inherent in the public fundraising process.
Issued 5 March 2026 This is a guide for responsible entities, compliance committees, compliance plan auditors, valuers, publishers and others involved with the issue or advertising of interests in mortgage schemes.
It sets out ASIC’s benchmarks and disclosure principles for improved disclosure to retail investors to help them understand and assess unlisted mortgage schemes, while maintaining the flexibility of the public fundraising process.
It also sets out the standards we expect responsible entities and publishers to meet when advertising unlisted and listed mortgage schemes that are offered to retail investors.
Download RG 45 (PDF 736 KB)
Read the regulation impact statement (PDF 405 KB)