Consultation Paper 390: Proposed reform to the pre-lodgement advertising and publicity regime
Submission Date: 11 September 2026
The Corporations Committee of the Business Law Section of the Law Council of Australia (the Committee) welcomes the opportunity to respond to the Australian Securities and Investments Commission’s (ASIC) consultation on the proposed introduction of ASIC Corporations (Pre-Prospectus Advertising and Publicity) Instrument 2026/XX as outlined in CP 390.
This submission is structured in three parts:
- Part A sets out the key benefits of the proposed updates, which the Committee firmly supports.
- Part B identifies areas where further clarity in ASIC’s guidance would be welcomed, drawing on practical market experience with initial public offering (IPO) processes and having regard to observed practices.
- Part C of the submission then responds directly to each of the specific matters on which ASIC has invited feedback.
Last Updated on 01/10/2026
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