Regulatory Alerts2010-07-09 | RG-212RG 212 Client money relating to dealing in OTC derivatives
The Australian Securities and Investments Commission issued Regulatory Guide 212 to provide guidance for Australian financial services licensees holding client money for over-the-counter derivatives trading. The document outlines the client money provisions under Division 2 of Part 7.8 of the Corporations Act 2001, specifically addressing requirements for derivatives and aiming to improve disclosure standards. It serves as a comprehensive reference for licensees and investors regarding the regulatory obligations for managing client funds in the OTC market.
Issued 4 April 2018
This is a guide for Australian financial services (AFS) licensees who are required to hold client money and for investors who pay money to an AFS licensee for the purpose of trading in derivatives in the over-the-counter (OTC) market.
This guide provides an overview of the client money provisions in Div 2 of Pt 7.8 of the Corporations Act 2001 (the client money provisions) generally and, in particular, the specific provisions that relate to derivatives. It also seeks better disclosure in connection with client money.
Download RG 212 (PDF 181 KB)