Australian institute of Company Directors (beta)
ASIC is Australia's peak corporate regulator. We can advise members on what it does and what it means for you
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Governance Leadership Centre
Advocacy: A Price to Pay
28 November 2017 | Louise Petschler MAICD
Significantly higher penalties could well be on the way for corporate offenders following the recent report from ASIC’s Enforcement Review Taskforce.
The Regulator: Flight of the Phoenix
28 November 2017 | John Price
New measures are needed to curb the disturbing and costly rise in illegal phoenix activity.
Strengthening penalties for corporate and financial sector misconduct
22 November 2017
The AICD has lodged a submission in response to the ASIC Enforcement Review Taskforce’s position paper on strengthening corporate and financial sector misconduct.
Finance and Insurance
Regulator: Funding Changes Ahead
1 November 2017 | John Price
Industry needs to prepare for changes to how the Australian Securities and Investments Commission (ASIC) is funded, writes John Price.
Combatting illegal phoenixing
31 October 2017
On 31 October 2017, the AICD lodged a submission on several measures proposed to combat illegal phoenixing. In the submission, the AICD reiterated support for the introduction of director identificati...
Directors Counsel: FoFA being interpreted in the courts
1 August 2017 | Professor Bob Baxt AO FAICD
The principles behind the Future of Financial Advice legislation may be emphasised by powers given to ASIC, writes Bob Baxt.
APRA and ASIC’s key insights on risk culture in the financial sector
26 July 2017
Poor risk culture at financial institutions has the potential to hurt investors, consumers and the entire financial system. At an AICD event, APRA’s Chairman and an ASIC Commissioner gave their though...
ASIC gets busy with financial reports and information for directors
12 July 2017 | Kerry Hicks
ASIC has released a number of resources to assist preparers, directors and auditors improve the quality of financial reports in the FY17 reporting season. AICD Senior Policy Adviser, Kerry Hicks, unpa...
What directors need to know: FY17 financial reporting
12 July 2017 | Aletta Boshoff
While directors are not expected to be accounting experts, they play an important role in ensuring the accuracy and quality of annual financial reports. Aletta Boshoff, IFRS Advisory Specialist at BDO...
ASIC shares lessons for emerging market issuers and gatekeepers
14 June 2017 | Lysarne Pelling
The continued prevalence of emerging market issuers has led the corporate regulator to release a report on the key challenges associated with these issuers and what directors and other gatekeepers can...
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