RIAA's response to ASIC's discussion paper on the dynamics between public and private markets.

Recognising the importance of strong markets to responsible investing and the transition to a net-zero economy, RIAA made several recommendations in response to the discussion paper:

• Expand existing portfolio holdings disclosure (PHD) regime.
• Implement standards for labelling in financial products support consumers and retail investors.
• Establish an industry-wide Australian stewardship code.

RIAA’s response has been informed by the input of RIAA members and outlines whole-of-government solutions to address the concerns outlined in the discussion paper. RIAA thanks those RIAA members who contributed to the development of this response.