ASIC Updates Guidance for Investing in Mortgage Schemes

ASIC has released revised disclosure benchmarks and separate disclosure principles for unlisted mortgage schemes to improve awareness of the risks of investing in these products. An accompanying investor guide has also been released to assist investors to use the benchmark and disclosure principles in identifying and assessing the risks of unlisted mortgages schemes. This is set out in Regulatory Guide 45 Mortgage schemes: improving disclosure for retail investor

Originally Published: 
09/05/2012