Corporations Amendment (Digital Assets Framework) Act 2026 (38 of 2026)

Schedule 1   Digital asset platforms and tokenised custody platforms

Part 3   Financial services disclosure, financial product disclosure, and design and distribution requirements etc.

Corporations Act 2001

49   At the end of section 1010B

Add:

Digital asset platforms and tokenised custody platforms

(3) A person who:

(a) is the operator of a digital asset platform or tokenised custody platform; or

(b) is otherwise involved in the operation or promotion of such a platform;

does not have to comply with Division 2 for a recommendation situation, an issue situation or a sale situation if the financial product for that situation is:

(c) the platform; or

(d) an equitable right or interest in another financial product arising because of a holding, or an offer to hold or arrange for the holding of, the other financial product through the platform.

Note: Disclosure obligations for these platforms are set out in Division 5D.

(4) A person does not have to comply with the designated provisions for a financial product if, because of subsection (3), the person does not have to comply with Division 2 for the financial product.

(5) In this section:

designated provisions are the following provisions of this Part:

(a) Divisions 3 to 5C (other than section 1017E);

(b) Division 6 (other than sections 1020D, 1020F and 1020G);

(c) Division 7 (other than section 1021O).