ASICs relaxation of information/disclosure requirements for retail bond issuance are warranted, but successful development of the retail bond market may require further steps to facilitate efficient issuance methods and investor demand.


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This paper was prepared by Professor Kevin Davis, Research Director of the Australian Centre for Financial Studies.

The ACFS Financial Regulation Discussion Paper series provides independent analysis and commentary on current issues in financial regulation with the objective of promoting constructive dialogue among academics, industry practitioners, policymakers and regulators and contributing to excellence in Australian financial system regulation.

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