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Standard Standard No. 30: Private Markets Best Practice Principles

This Standard establishes mandatory governance, valuation, liquidity, leverage, conflicts management, credit risk, disclosure and transparency principles for FSC fund management and superannuation members. It applies to FSC Full members that manage, operate or exercise primary investment management, governance or risk management responsibilities within private markets.

Implementation of this Standard is assisted by FSC Guidance Note 57: Private Markets Best Practice Guidance.

The Standard commenced on 19 August 2026, giving members a period of transition before becoming effective on 1 July 2027. Earlier compliance is encouraged.

Aug 2026