RG 246
Conflicted and other banned remuneration
Issued 21 November 2024. This guide is for Australian financial services (AFS) licensees and their representatives and other entities that must comply with the conflicted and other banned remuneration provisions in Divs 4 and 5 of Pt 7.
In plain English
This guide explains rules about conflicted remuneration and other banned payments for financial services.
RG 246 applies to Australian financial services (AFS) licensees, their representatives, and other entities. It covers conflicted and banned remuneration under Pt 7, Divs 4 and 5. The guide was issued on 21 November 2024.
Why it matters
Financial services businesses must ensure payments aren't conflicted. This helps maintain trust and avoid issues with ASIC. Review your remuneration arrangements to ensure compliance.
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-246-conflicted-and-other-banned-remuneration/. Rules Mate indexes + summarises; always verify against the regulator's live publication.