Clifford Chance
ASX issues draft revised guidance note on continuous disclosure
17 October 2012
The Australian Securities Exchange (ASX) issued a draft version of revised Guidance Note 8: Continuous Disclosure on 17 October 2012, and is seeking market feedback by the end of November 2012.
Whilst the proposed revisions do offer additional and helpful guidance in some respects, they do not reflect a fundamental departure from the way in which ASX has historically administered the continuous disclosure regime. To this end, ASX has not proposed major drafting changes to Listing Rule 3.1.
ASX developed the draft Guidance Note in conjunction with the Australian Securities & Investments Commission (ASIC), and ASIC is in broad agreement with its themes and content.
