ASIC has released a new policy under Regulatory Guide 198 (RG 198) giving unlisted disclosing entities (subject to certain requirements) the option of complying with their continuous disclosure obligations by publishing all material information on their websites, without having to lodge the relevant information with ASIC.

Generally, the new policy is aimed at facilitating effective communication of material information to investors in a timely fashion, which ASIC considers is "especially important in times of market volatility and financial turmoil".

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