ASIC Updates the breach reporting regime

The obligation to report certain breaches to ASIC has been modified from 20 October 2023 onwards. Licensees are no longer required to report insignificant contraventions of certain core obligations.  The existing breach reporting regime (which was extensively updated in 2021) was modified in response to concerns about the costs of reporting some re...

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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.

AML/CTF Reforms

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You can purchase template documents from our online shop. The template is an instant download and includes prompts to help you tailor the document yourself. We have template documents for:

  • Tranche 1 Reporting Entities;
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  • Tranche 2 Entities.
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  • a combination of all three.
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