Australia: Net Tangible Asset Requirement Set to Increase for Responsible Entities
Daniel Knight and Jocelyn Lau
ASIC has announced that it will increase the net tangible assets (NTA) requirement for responsible entities of registered managed investment schemes (MIS), operators of investor directed portfolio services (IDPS) and corporate directors of retail corporate collective investment vehicles (CCIVs). The changes are set to commence on 1 July 2027.
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