RG 22
Directors’ solvency declaration
Issued 29 March 2023. This guide is for directors and auditors, and their advisers.
In plain English
RG 22 explains how directors declare their company’s solvency and what auditors must consider.
RG 22 is for directors, auditors, and their advisors. It explains the directors’ solvency declaration process. Directors must declare their belief that the company can pay its debts. Auditors must review this declaration. The guide was issued on 29 March 2023.
Why it matters
Directors need to understand their responsibilities when declaring solvency. Auditors must carefully review these declarations. This helps ensure companies remain financially stable and meet their obligations.
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-22-directors-solvency-declaration/. Rules Mate indexes + summarises; always verify against the regulator's live publication.