Guidance Note 1 was first published in September 2019. Guidance Note 1 was updated in September 2022 to remove original paragraphs 26 – 28. The BCCC permanently ceased the requirements under these paragraphs requiring a subscriber report any non-compliance with the Code that is a breach of financial services laws and has been reported to ASIC, to the BCCC within 21 business days of the date the matter was reported to ASIC. Subscribers must continue to report these breaches as part of the Compliance Statement.