ASIC raises red flags over private markets amid IPO decline

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The Australian Securities and Investments Commission (ASIC) has intensified its recent scrutiny of the private markets, raising concerns over transparency, investor protections and the potential for increased regulatory oversight[1]. Jamie... Read more continue reading

ASIC shuts down 130 investment scam websites per week

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5Online scammers are squarely in ASIC’s cross hairs with new data revealing more than 10,000 investment scam websites and online advertisements have been shut down by the agency[1]. ASIC’s latest Enforcement... Read more continue reading

Advancing Australia’s regulatory roadmap for public and private capital markets

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ASIC has announced its preliminary views on the opportunities and risks emerging from shifts in public and private capital markets and called for feedback and debate on key questions as... Read more continue reading

ASIC calls out superannuation trustees for weak scam and fraud practices

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ASIC has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing members to harm. The open letter, signed by ASIC Commissioner Simone Constant, outlines our guidance... Read more continue reading

CPD: 2025 Regulation and compliance schedule – what advisers must know

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The evolution of the regulatory framework for financial advice will continue at pace in 2025, giving advisers and licensees little respite from changes which can impact them, their businesses, and... Read more continue reading

ASIC appoints Scott Gregson as CEO

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ASIC has appointed Scott Gregson as Chief Executive Officer. Mr Gregson will join ASIC on 17 March 2025 following a nearly 30 year career with the ACCC and takes over... Read more continue reading

ASIC’s Moneysmart reveals how Aussies plan to spend this Christmas

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Consumers are being urged to avoid a post-Christmas spending hangover as new research from ASIC’s Moneysmart reveals Aussies will spend on average almost $800 each to fund gifts, holidays and... Read more continue reading

ASIC announces new enforcement priorities with a focus on cost of living pressures

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ASIC has announced its enforcement priorities for 2025, capturing the key areas where it will direct resources and expertise in the coming year. ASIC Deputy Chair Sarah Court said, ‘Our... Read more continue reading

ASIC seeks feedback on proposed guidance on sustainability reporting regime

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ASIC has released a draft regulatory guide on the sustainability reporting regime for consultation with stakeholders. From 1 January 2025, many large Australian businesses and financial institutions will need to... Read more continue reading

ASIC releases FY 2023–24 financial reporting and audit report and launches auditor independence surveillance

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ASIC has released findings from its financial reporting and audit surveillance for the 12 months to 30 June 2024, and announced a proactive surveillance focused on auditors’ compliance with independence... Read more continue reading