Australia Regulator Readies New Disclosure Rules

Dec 10 2010 | 1:19am ET

Like their peers in the U.S. and Europe, Australian hedge funds are going to have to open up to regulators under new disclosure rules set to be introduced next year.

The Australian Securities and Investments Commission will impose strict new reporting requirements, the Australian Financial Review reports. Hedge funds will have to provide information about offshore holdings and other investments in jurisdictions less highly-regulated than Australia.

The regulator will promulgate the next disclosure rules next year. ASIC is also planning a guide for investors considering hedge funds.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of