From piperalderman.com.au: On November 14, 2024, Treasury released an exposure draft of the Treasury Laws Amendment Bill 2024, which proposes significant amendments to the Corporations Act 2001 to enhance the transparency of ownership in listed entities.

The Bill aims to expand the definition of ‘relevant interest,’ include equity derivatives in disclosure requirements, and impose the same transparency standards on foreign-listed entities as those for Australian-listed entities.

If passed, these changes will strengthen market integrity, improve access to ownership information, and align Australian regulatory practices with international standards.