Retail investors at risk in volatile markets

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ASIC analysis of markets during the COVID-19 period has revealed a substantial increase in retail activity across the securities market, as well as greater exposure to risk. We found that

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08 May 2020

ASIC sends letters to general and life insurers about the current COVID-19 environment

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ASIC is committed to working constructively and pragmatically with general and life insurers to help Australians affected by the COVID Pandemic to recover, and to aid the general functioning of

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29 Apr 2020

ASIC moves against SMSF auditor misconduct

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ASIC has acted to disqualify, suspend or add conditions to the registration of a number of auditors of self-managed superannuation funds (SMSFs). The actions followed ASIC concerns about failures to

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24 Apr 2020

ASIC reports on corporate finance regulation – July to December 2019

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ASIC has released the final report on its oversight of corporate finance activity between July to December 2019. Following the release of Report 659 ASIC regulation of corporate finance: July to

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21 Apr 2020

Details of changes to ASIC regulatory work and priorities in light of COVID-19

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ASIC has previously stated it would temporarily change its regulatory work and priorities to allow it and regulated entities to focus on the impact of COVID-19. This will include the

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20 Apr 2020

ASIC grants relief to industry to provide affordable and timely financial advice during the COVID-19 pandemic

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ASIC has announced three temporary relief measures that will assist industry in providing consumers with affordable and timely advice during the COVID-19 pandemic. Relief to facilitate advice about early access

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15 Apr 2020

ASIC provides information on funeral expenses reform

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ASIC has issued an information sheet for providers of funeral expenses facilities. Recent changes to the Corporations Regulations mean that entities who sell funeral expenses facilities will generally be required

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02 Apr 2020

ASIC recalibrates its regulatory priorities to focus on COVID-19 challenges

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In coordination with the Council of Financial Regulators, ASIC will focus its regulatory efforts on challenges created by the COVID-19 pandemic. Until at least 30 September 2020, the other matters

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24 Mar 2020

Guidelines for meeting upcoming AGM and financial reporting requirements

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Annual General Meetings Coronavirus (COVID-19) may temporarily impact on companies’ ability to hold an annual general meeting (AGM). This issue is most immediately relevant for listed and unlisted public companies

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24 Mar 2020

ASIC takes steps to ensure equity market resiliency

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As part of the Australian Government’s response to the novel coronavirus (COVID-19), ASIC has taken steps to ensure Australian equity markets remain resilient. Australian equity markets have seen record trading

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17 Mar 2020