All Entries in the "SBL" Category

ASIC Releases Guidance to Improve Margin Lending Disclosure

ASIC has released regulatory guidance which aims to improve protections for retail clients through better disclosure of non-standard margin lending facilities. Non-standard margin lending facilities are margin lending arrangements that use a type of ‘securities lending’ agreement instead of a loan agreement. Until 2008, non-standard margin lending facilities were used by companies such as Opes [...]