News!
ASIC adds new form for a sub-fund of a CCIV
Voluntary Deregistration of a Sub-fund
Today ASIC added a new form for the sub-fund of a CCIV. Form 5210.
The purpose of this form is for the voluntary deregistration of a sub-fund that is attached to a particular CCIV.
To deregister a sub-fund from a CCIV, it must not have any assets or liabilities, and it cannot be a party to any legal proceedings that relate to the sub-fund being deregistered.
If the sub-fund is the only sub-fund of the CCIV, this will result in the automatic deregistration of the CCIV.
Other CCIV Forms
This form joins a number of forms already existing to manage various aspects of the CCIV and its sub-funds.
- 5290 5290: Notice that a product in a PDS relating to a CCIV sub-fund has ceased to be available
- 5289 5289: Notice of change to fees and charges in a PDS relating to a CCIV sub-fund
- 5288 5288: PDS in–use notice in relation to a CCIV sub-fund
- 5233 5233: Notification of resignation, removal, or cessation of the auditor of a CCIV
For more information
For specific information on the regulations surrounding CCIVs, visit ASIC’s website here!
For general information, visit other articles here!
The CCIV and Asset Tokenisation
- Here the potential for this entity to be used as the regulatory foundation for token raises and recording is discussed.
- Paul Niederer lists some random thoughts about the Corporate Collective Investment Scheme.
The new CCIV Australian Investment Entity
- An overview of the new Australian Corporate Collective Investment Vehicle
Twenty Five interesting points about a CCIV Corporate Director
- The Corporate Director plays a very important role in the establishment and the running of this new type of Australian investment vehicle. Paul Niederer lists 25 interesting points about the Corporate Director
The Australian Investment Environment
- This new investment vehicle is put in context.
The CCIV and Tax. Australian CCIVs and their Tax Regime
- How tax is handled is very important for both local and foreign investors. Here the author lists points that are important for both parties.
- What seems to be most important in looking at the Corporate Collective Investment Vehicle are the players or the people that are involved in it, the entities these people are involved in and the documents they need for establishment.
CCIV Playlist for New Australian Investment Vehicle
- Here is a collection of the videos in a playlist
CCIV The new Australian Investment Vehicle – A 5-minute video overview
- Here is a video that gives a short overview of the Corporate Collective Investment Vehicle
What is a CCIV, and who has similar structures globally?
- This new corporate vehicle wasn’t created in a vacuum. Their structure started in many tax havens as “Protected Cell Companies” and ventured into open-ended investment company structures in the United Kingdom, Ireland, Hong Kong, Singapore and a number of other countries. The Australian Treasury studied these entities in these jurisdictions and from the learnings, created the Australian Corporate Collective Investment Vehicle.
Fund Services add Directors for CCIV authority.
- ASIC entities large and small are assessing if they need to be in the situation to create and deal in Corporate Collective Investment Vehicles as part of their financial services offerings.
New diagrams for CCIV and Tokenisation
- Most diagrams for the Corporate Collective Investment Vehicle are similar and follow those in published ASIC and Treasury publications. Here are a couple that take a different slant. Looking from the point of tokenisation.
CCIV and Asian Funds Passport are more accessible now
- The Australian Corporate Collective Investment Vehicle is now perfectly aligned to make use of the Memorandum of Association that created the Asia Funds Passport.
The CCIV Corporate Director Video
- A video about the Corporate Director. The person (CD) is most responsible for creating and operating the Corporate Collective Investment Vehicle.
- A video about the Corporate Collective Investment Vehicle and taxation
FSC details Next Steps for CCIVs
- This FSC article details the next steps for the Corporate Collective Investment Vehicle.
“The Laypersons Guide to CCIVs” or “How can I easily set up my own Australian Investment Fund.”
- The purpose of this article was to give a layman’s guide to how to set up your own Corporate Collective Investment Vehicle.
- An article was written about What is a Corporate Collective Investment Vehicle?
New CCIVs and their Corporate Director
- About the Corporate Director
- This article details the benefits of a Corporate Collective Investment Vehicle.
- Looking at the implications of an AFSL and a Corporate Collective Investment Vehicle.
- Just as it says, the basics of the Corporate Collective Investment Vehicle.
- The journey of the Corporate Collective Investment Vehicle.
Protected and Incorporated Cell Companies
- The similarities between Protected Cell Companies and the Corporate Collective Investment Vehicle.