ASIC Simple Consultation CS 60—Proposed remake of low-volume financial markets instrument
Submission Date: 17 August 2026
This submission is made by the Financial Services Committee (the Committee) of the Business Law Section of the Law Council of Australia in response to Consultation Statement 60 Proposed remake of low-volume financial markets instrument (CS 60). CS 60 was issued by the Australian Securities and Investments Commission (ASIC) on 23 July 2026.
CS 60 proposes to remake ASIC Corporations (Low Volume Financial Markets) Instrument 2016/888 (ASIC Instrument), which is scheduled to sunset on 1 October 2026.
The Committee supports ASIC’s proposal to remake the ASIC Instrument and, in particular, the continuation of the existing relief under the ASIC Instrument.
The Committee also recommends that ASIC seek Treasury’s support for Parliament to make amendments to the Corporations Act 2001 (Cth) to include the relief under the ASIC Instrument in the substantive law.
Last Updated on 28/08/2026
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