ASIC extends deadlines for financial reports and AGMs

ASIC extends deadlines for financial reports and AGMs

The Australian Securities and Investments Commission (ASIC) has announced that it will extend the deadline to lodge financial reports for listed and unlisted entities by one month for balance dates from 23 June to 7 July 2021 (inclusive). ASIC said the extension will...
Directors’ duties still apply despite COVID-19 relief

Directors’ duties still apply despite COVID-19 relief

The Australian Securities and Investments Commission (ASIC) has reminded companies, directors and officers faced with COVID-19 challenges to reflect on their fundamental duties to act with due care, skill and diligence, and to act in the best interests of the company....
Better protection for consumers: new ASIC powers

Better protection for consumers: new ASIC powers

In response to the recommendations of the Banking and Financial Services Royal Commission and the Australian Securities and Investments Commission (ASIC) Enforcement Review Taskforce Report, the government has proposed new enforcement and supervision powers for ASIC...
ASIC takes action on super fund disclosures

ASIC takes action on super fund disclosures

Under Australia’s superannuation law, super funds must disclose transparency information on a website and keep it up to date at all times. Under Australia’s superannuation law, super funds must disclose transparency information on a website and keep it up to date at...
ASIC takes action on super fund disclosures

ASIC takes action on super fund disclosures

Under Australia’s superannuation law, super funds must disclose transparency information on a website and keep it up to date at all times. Under Australia’s superannuation law, super funds must disclose transparency information on a website and keep it up to date at...