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ASIC To Allow COVID-19 Temporary Relief For Financial Advice To Automatically Repeal 15 April 2022

<p><span>ASIC will allow the temporary relief in&nbsp;</span><a href="https://www.legislation.gov.au/Details/F2021C01075">ASIC Corporations (COVID-19&mdash;Advice-related Relief) Instrument 2021/268</a><span>&nbsp;(COVID-19 Instrument) to be automatically repealed on 15 April 2022.</span></p>

ASIC repeals temporary relief for financial advice

The Corporate Regulator has decided to repeal the temporary relief that was provided during COVID-19 around statements of advice and urgent advice. In a public statement, ASIC stated that it will allo

ASIC releases guidance and examples on records of advice

ASIC has today released an information sheet on records of advice (ROA) and three ROA examples to provide clarity to financial advisers and advice

ASIC extends further COVID-19 financial advice relief

ASIC has made further extensions to the COVID-19 temporary financial advice relief measures for financial advisers.

ASIC extends temporary financial advice COVID-19 relief measures

The record of advice relief measure is extended to April 2022, as well as the “time critical” relief measure that gave financial advisers additional time to give their clients an SoA.

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