ASIC has today released updated policy guidance about its approach to facilitating cross-border financial regulation to assist foreign providers of financial facilities, services and products that wish to operate in Australia. The updated guidance is covered in new versions of: (i) Regulatory Guide 54 Principles for cross-border financial regulation; (ii) Regulatory Guide 176 Foreign financial services providers, and (iii) Regulatory Guide 178 Foreign collective investment schemes. The new versions remove outdated references since the guides were last published and also include content refinements following feedback from respondents to the Joint Treasury/ASIC Consultation Paper 98 Cross-border recognition: Facilitating access to overseas markets and financial services, and ongoing industry consultation.