ASIC RG 271
ASIC RG 271 — Regulatory Guidance. Published by ASIC, version RG 271. Kapālins maps it at category level: the assessment’s 5 AI-risk areas, each tied to this framework, rather than clause by clause. 1 of 5 risk areas are proved by a live signal from the platform, and 4 by the assessment.
Live signal: a signal from the gateway, probes or device sensor proves it continuously. Assessment: it is evidenced by answers to the assessment. Both are exported in the regulator evidence pack.
How ASIC RG 271 got here.
- Proposed
ASIC released Consultation Paper 311 proposing updates to its internal dispute resolution guidance (RG 165). ASIC
- Adopted
ASIC released Regulatory Guide 271 Internal dispute resolution, replacing the IDR guidance in RG 165. ASIC
- Amended
ASIC issued the current version of RG 271. ASIC
- In force
Financial firms had to comply with RG 271’s internal dispute resolution standards from this date. ASIC