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Commonwealth of Australia No. B22 23rd July 2024 Published by Commonwealth of AustraliaGazette BUSINESSCONTENTS General Information ............................................... 199 Private Notices
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Regulatory Guide RG 175 provides guidance to financial service providers in Australia regarding the obligations and responsibilities related to the provision of financial services and products under the Corporations Act.
Financial service providers and businesses that issue financial products are required to adhere to the standards set forth in Regulatory Guide RG 175.
To fill out Regulatory Guide RG 175, entities must carefully follow the instructions provided in the guide, including providing accurate and complete information regarding their financial services, product offerings, and compliance with relevant laws.
The purpose of Regulatory Guide RG 175 is to ensure that financial service providers communicate honestly and clearly with clients, promote good practices in the industry, and safeguard consumer interests.
Information that must be reported includes details about financial products offered, associated fees, risks, trading practices, and compliance with consumer protection laws.
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