Australian Regulatory Updates

ASIC INFO 184 explains annual audit transparency report rules under the Corporations Act 2001 for auditors, audit firms and authorised audit companies.

From May 2021, businesses providing debt management services are required to hold an Australian credit licence with a debt management authorisation.

ASIC Information Sheet 182 sets out compliance requirements for financial advisers giving superannuation switching advice, including SOA content and SMSF rules.

ASIC INFO 253 explains AFS licence requirements for claims handling and settling services for insurance products, including who needs a licence from 1 January 2

ASIC Information Sheet 180 explains when ASIC joins private court cases under the Corporations Act or National Consumer Credit Protection Act 2009.

ASIC Information Sheet 42 outlines director obligations when a company cannot pay its debts, including penalties for insolvent trading and related duties.

ASIC INFO 65 explains how a registered company auditor resigns from a public company under the Corporations Act 2001, including consent requirements and Form 31

Bankruptcy or a Part X personal insolvency agreement automatically disqualifies a person from acting as a company director, alternate director, or secretary.

Book up or tab arrangements in remote and regional businesses may be covered by the National Consumer Credit Protection Act 2009. Key rules explained.

ASIC Information Sheet 31 explains which companies must lodge financial reports with ASIC, what to include, deadlines, and how exemptions work.

ASIC Information Sheet 152 explains when ASIC issues public statements on investigations and enforcement, and how to request a takedown.

Since 1 July 2016, accountants advising on SMSFs are required to hold or be covered by an AFS licence. ASIC INFO 216 explains limited and full licence options.

ASIC INFO 156 explains how to apply for or vary an AFS licence to provide financial services involving carbon credits and emissions units in Australia.

ASIC Information Sheet 181 explains when ASIC can release non-public information and documents to people involved in private court cases, including class action

ASIC INFO 234 explains the structure, obligations, and member rights for Indigenous not-for-profit companies limited by guarantee under the Corporations Act 200

ASIC INFO 157 explains how foreign financial services providers can apply for individual licensing relief to serve wholesale clients in Australia.

ASIC Information Sheet 187 explains the limits of business name registration and where to go when another business trades under a similar name.

ASIC INFO 281 explains the experienced provider pathway for financial advisers, covering eligibility requirements, declarations, and AFS licensee obligations.

ASIC Information Sheet 238 explains who qualifies as a protected whistleblower and what legal protections apply under the Corporations Act 2001.

ASIC Information Sheet 239 explains how ASIC registers, assesses and investigates whistleblower reports about corporate misconduct under the Corporations Act 20