Compliance & Ethics

ASIC's Form 5109 is the notification a temporary responsible entity (RE) must lodge under s601FQ(4) of the Corporations Act 2001 when it asks to add a new responsible entity to a registered managed investment scheme. It matters to compliance teams because it is part of the governance process for scheme transitions after a court-appointed temporary RE. Lodgement errors or omissions could delay the transition or create regulatory exposure.

ASIC's Form 5210 lets a corporate collective investment vehicle (CCIV), its corporate director, or a sub-fund liquidator apply to voluntarily deregister a sub-fund. Eligibility is limited to sub-funds with no assets or liabilities and no related legal proceedings. If the sub-fund is the CCIV's only sub-fund, deregistration also deregisters the CCIV, so compliance teams should confirm the full consequences before lodging.

An ECB Occasional Paper (No 399) analyzes revisions to output gap and potential growth estimates from the European Commission, Eurosystem, IMF, and OECD. It finds that real GDP data revisions and potential growth revisions drive most output gap revisions, and that real-time slack estimates are unreliable. This is a research publication, not a binding rule, but compliance and risk teams that rely on macroeconomic inputs in models, stress tests, and planning should treat it as a caution on model risk.

ASIC Form 906 is the mandatory notification a person must lodge after becoming disqualified from managing corporations under Part 2D.6 of the Corporations Act 2001. The lodgement window is only 3 days, and late fees apply. Compliance teams should treat this as an event-driven obligation tied to fit-and-proper screening, director and officer oversight, and personnel governance. Note that the document is a form and guide, not a new rule, and the 4 February 2022 form version predates the 2026-09-16 date given in the update metadata.

The Bank of England's monetary policy page shows Bank Rate at 3.75% and inflation at 3.1%, above the 2% target, with the next MPC decision due 17 September 2026. This is explanatory guidance, not a new regulatory requirement. However, it sets out the decision process and timing that institutions rely on for interest rate risk, liquidity, and pricing governance.

The Chancellor and His Majesty the King have appointed David Craig, Paul Nowak, and Hanneke Smits as non-executive directors of the Bank of England's Court of Directors. Lord Jitesh Gadhia and Tom Shropshire have been reappointed. The update involves no new regulatory obligations. It matters to compliance teams as a signal of governance priorities and leadership at the UK's central bank and prudential authority.

The document is ASIC Form 991/992 (version dated 13 May 2015), which companies use under Section 1301 of the Corporations Act 2001 to notify ASIC where books and records kept otherwise than in writing are stored on computer and where they may be inspected. It is a standing administrative form, not a new rule, so no new obligations appear to be introduced. It still matters because inaccurate or outdated location notices can create record-keeping and inspection-access exposure.