The bottom lineASIC has opened consultation on a proposed pre-hedging regulatory guide, giving market participants until 27 July 2026 to comment before the agency aims to publish a final guide in Q4 2026.
What happened
ASIC says it is seeking feedback on a proposed new regulatory guide for pre-hedging. The consultation closes at 5pm AEST on 27 July 2026 and will run for six weeks.
The regulator says Consultation Paper 389 explains how existing legal obligations apply to pre-hedging and that the proposal does not create new legal requirements.
Why it matters
ASIC says the guidance is aimed at market participants, including Australian financial services licensees and other entities that pre-hedge ahead of client transactions.
For retail investors, the practical point is that the consultation is part of ASIC’s effort to define expected conduct in a market practice that can affect execution quality, transparency and client outcomes.
- ASIC says the draft aligns Australia’s approach with international standards developed by IOSCO.
- ASIC plans to publish the final guide in Q4 2026 after considering feedback.
What readers can verify or do next
Market participants can review Consultation Paper 389 and submit feedback before the deadline if they think the draft guidance needs clarification or examples of better practice.
Other readers can watch for the final regulatory guide later in 2026 and check whether ASIC adds practical examples or changes the proposed wording after consultation.
- Confirm the submission deadline: 27 July 2026 at 5pm AEST.
- Review whether the final guide changes ASIC’s description of pre-hedging expectations.
Editorial note. This report explains a public record and is not investment, legal or trading advice. Facts may change after publication; the source links remain the controlling record.

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