Page 6 - Danielle Press News Today

It’s been four years since the Hayne royal commission delivered its blistering attack on ASIC, but business leaders worry about ongoing malaise in the corporate cop

At the annual Association of Superannuation Funds of Australia conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry.

ASIC Commissioner Danielle Press confirmed the regulator has been in touch with Treasury on how differing ‘reasonable minds’ could agree on a common ground in Levy’s recommendations.

<p><span>ASIC reminds company directors to ensure material business risks are adequately disclosed in annual reports, to better inform shareholders and prospective investors.</span></p>

The corporate regulator has taken action against hundreds of self-managed super fund auditors after they reportedly failed to meet compliance standards over several years.

The regulator cancels hundreds for failing to lodge annual statements after warnings last year. ASIC has deregistered 374 SMSF auditors after they failed to lodge annual statements with cancellation

ASIC has cancelled the registration of 374 SMSF auditors with outstanding annual statements. In a recent update this week, ASIC stated that it has cancelled the registration of 374 SMSF auditors who

Corporate watchdog chairman Joe Longo is poised to reveal the largest shake-up of the ASIC in 15 years next month, in a move designed to streamline enforcement, cut bureaucracy and deliver faster decision-making.

Home finance providers General Commercial Group Pty Ltd and Eden Capital have both been ordered to pay $50,000 for failing to co-operate with AFCA.

Federal Court penalises them for failing to cooperate with AFCA