RG 132
Funds management: Compliance and oversight
Issued 23 June 2022. This guide is for:.
In plain English
RG 132 explains how funds management businesses must comply with laws and oversee their operations.
RG 132 was issued on 23 June 2022. It applies to Australian Financial Services (AFS) licensees and registered managed investment schemes. It outlines expectations for compliance, oversight, and risk management. The guide covers governance, internal controls, and monitoring. It helps businesses meet their obligations under the Corporations Act.
Why it matters
Funds management businesses need to understand and follow RG 132. It helps ensure they operate fairly and manage risks effectively. This protects investors and maintains confidence in the financial system.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-132-funds-management-compliance-and-oversight/. Rules Mate indexes + summarises; always verify against the regulator's live publication.