Regulatory Alerts2024-03-28 | RG-038RG 38 The hawking prohibition
The regulator issued this guide for entities offering financial products to explain compliance with the hawking prohibition under sections 992A and 992AA of the Corporations Act. The guidance details how to adhere to the prohibition designed to protect consumers from unsolicited offers of financial products. It serves as a practical resource for market participants to ensure their activities align with these regulatory requirements.
Issued 23 September 2021
This guide is for people who offer financial products for issue or sale.
It sets out our guidance on the hawking provisions in s992A and 992AA of the Corporations Act. In particular, this guide explains how to comply with the hawking prohibition contained in s992A, a prohibition that aims to protect consumers from unsolicited offers of financial products.
Download the guide (PDF 951 KB)