RG 133
Funds management and custodial services: Holding assets
Issued 10 December 2024. This guide is for:.
In plain English
RG 133 explains how funds management businesses and custodians must safely hold client assets.
RG 133 applies to Australian Financial Services (AFS) licensees and registered managed investment schemes. It outlines requirements for holding client assets, including segregation, record-keeping, and reconciliation. It was issued on 10 December 2024 and replaces RG 133 published in 2007. It clarifies expectations for asset holding practices.
Why it matters
If you manage funds or provide custodial services, RG 133 ensures you protect client assets. Following this guidance helps maintain trust and avoid potential regulatory issues. Review your asset holding practices to align with the updated requirements.
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-133-funds-management-and-custodial-services-holding-assets/. Rules Mate indexes + summarises; always verify against the regulator's live publication.