Over the past few years, the Australian Securities and Investments Commission (“ASIC”) has been actively targeting companies that breach their financial reporting obligations. During the
Litigation funders are required to hold an Australian Financial Services Licence (AFSL) as part of the regulatory regime implemented in August 2020. However, the exemptions
Australian Securities and Investments Commission (ASIC) has released the actual levy amounts for the 2019-2020 financial year. The Cost Recovery Implementation Statement (CRIS) details ASIC’s
Debt management firms need to commence an application for a credit licence as soon as possible based on upcoming rules which will be imposed by
ASIC’s commencement of proceedings against Dixon Advisory has highlighted the importance of having effective conflicts of interest management frameworks in place as an AFSL holder.
At the beginning of 2021, ASIC commenced accepting new Australian Financial Services Licence (AFSL) applications for providers of claims handling and settling services to retail
After over 18 months of silence on the issue, ASIC has released further commentary about its views on accepting clients from overseas jurisdictions to receive
ASIC has recently published its findings regarding audit quality for the financial year 2019/2020. ASIC has been critical of audit quality over a number of
With the raft of changes to the obligations of mortgage brokers as a result of Commissioner Hayne’s recommendations, it is no surprise to see increased