ASIC may issue regulatory requirements
ASIC may, by legislative instrument, issue to AFCA regulatory requirements relating to: (a) compliance with the mandatory requirements for the AFCA scheme under section 1051; or (b) any of the general considerations for the AFCA scheme under section 1051A. Note: This power to issue regulatory requirements extends to any application of the AFCA scheme in relation to members of the scheme that are not providers of financial products or services.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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