ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669
Summary
ASIC issued Legislative Instrument 2017/669 under the Corporations Act 2001, defining 'approved foreign market' for purposes of Australian financial services and securities regulation. The instrument contains a declaration (Part 2) establishing the definition and a determination provision (Part 3) for foreign financial markets. The instrument is administered by the Department of the Treasury and came into force on 1 April 2026.
What changed
ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669 establishes the regulatory definition of 'approved foreign market' within the Australian financial services framework under the Corporations Act 2001. Part 2 contains the formal declaration defining this term, while Part 3 provides the mechanism for determining which foreign financial markets qualify. The instrument operates as a Treasury-administered legislative instrument with legal force.
Affected parties include Australian financial advisers, public companies, and investors engaging in cross-border securities activities. Entities must ensure foreign market transactions involve markets designated under this instrument to maintain compliance with Corporations Act obligations including licensing, disclosure, and regulatory treatment requirements.
What to do next
- Monitor for updates to the list of approved foreign markets
- Verify that foreign exchange activity involves designated markets under the instrument
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669
In force Administered by
- Department of the Treasury
This item is authorised by the following title:
- Corporations Act 2001 Latest version View as made version F2026C00284 C10 01 April 2026
View document Legislative instrument Filter active Table of contents
- Part 1—Preliminary
- 1 Name of legislative instrument
- 3 Authority
- 4 Definitions
- Part 2—Declaration
- 5 Definition of “approved foreign market”
- Part 3—Determination
- 6 Determination of foreign financial markets
- Endnotes
- Endnote 1—About the endnotes
- Endnote 2—Abbreviation key
- Endnote 3—Legislation history
- Endnote 4—Amendment history
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