ASIC Enforcement Action: Industry Funding Levy

With the due date for business activity metrics to be lodged approaching, and industry funding invoices to follow in the new year, it’s pertinent to look at the action ASIC can take if you fail to pay your industry funding invoice.

In July 2024, ASIC cancelled Accumulus Capital Pty Ltd’s Australian Credit Licence for:

failing to pay the ASIC Indu...

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Alicia Pevely

An integral member of the Sophie Grace team since 2012, Alicia has extensive experience in relation to financial services law, consumer credit law, regulatory matters and ASIC investigations. Working closely with her clients, Alicia has maintained a significant emphasis on AFS and credit licensing and liaising with ASIC. As General Manager, Alicia has oversight of all licence applications and provides advice and support in relation to more complex applications.

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