Changes to the ASX Listing Rules

Articles Written by Clare Brown (Partner), Kate Gardner (Special Counsel)

Late last year the Australian Securities Exchange (ASX) released its consultation paper “Simplifying, clarifying and enhancing the integrity and efficiency of the ASX Listing Rules”.

The consultation paper proposed changes to the Listing Rules and Guidance Notes in order to:

  • improve market disclosures and other integrity measures
  • simplify the existing Listing Rules
  • make both listing on the ASX and the ongoing compliance more efficient
  • enhance ASX’s powers to operate the market and enforce compliance with the Listing Rules.

ASX received extensive feedback in response to the consultation paper and has now finalised the rule changes, which (subject to a couple of exceptions) will come into effect on 1 December 2019.

Download our summary of the key rule changes below.

Important Disclaimer: The material contained in this article is comment of a general nature only and is not and nor is it intended to be advice on any specific professional matter. In that the effectiveness or accuracy of any professional advice depends upon the particular circumstances of each case, neither the firm nor any individual author accepts any responsibility whatsoever for any acts or omissions resulting from reliance upon the content of any articles. Before acting on the basis of any material contained in this publication, we recommend that you consult your professional adviser. Liability limited by a scheme approved under Professional Standards Legislation (Australia-wide except in Tasmania).

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