Back to overview

Regulatory Guide 247 on operating and financial review (OFR)

Australia Current 2013

The guide addresses the requirements of s 299(1) of the 2001 Corporation Act for listed companies to include relevant information (including NFI) in their directors’ report for shareholders to make an informed assessment of the organization.

Issuer name

Australian Securities and Investments Commission (ASIC)

More information

The aim of the guide is to increase the effective disclosure of OFRs, and it mirrors the Disclosure on Management Approach requirements in GRI’s Framework. It promotes better communication of relevant and meaningful information to investors, and aims to assist directors in understanding and complying with the OFR disclosure requirements.

Organizations covered by the instrument

Large private and listed companies

Industry scope

All/none specified

Disclosure venue

Annual Report

ESG coverage- S (Social)

Product & Services Responsibility

ESG coverage- G (Governance)

Accountability, Anti-Corruption and Anti-Competitive Behaviour, Stakeholder Engagement

ESG coverage- Eco (Economic & General)

Economic performance, Trade and Investment






Asia Pacific

Date of publication


Issuer type

Financial Market Regulators

Reporting requirements

Codes, guidance, and questionnaires

Mandatory or voluntary


The geographical scope


Go to the instrument