ASIC plans to extend digital disclosure rules for five years

Changes include simpler language, updated legal references, and better examples.

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), plans to extend two rules that allow insurance and financial services providers to send documents digitally. 

These rules are due to expire on 1 October 2025 unless renewed.

The first rule lets providers publish disclosures online and notify clients. 

The second removes some restrictions, such as page limits and formatting rules, making it easier to send documents electronically. 

ASIC wants to keep both rules in place for another five years.

ASIC is also updating its guide on digital disclosure (Regulatory Guide 221) to make it clearer and more up-to-date. 

Changes include simpler language, updated legal references, and better examples of how companies can deliver information digitally.

Public feedback is open until 6 August 2025.