ASIC appeals loss against Finder’s cryptocurrency product
ASIC is appealing the Federal Court's decision to dismiss its case against Finder Wallet and its cryptocurrency Earn product.
Australia’s regulatory super-squad says it wants to be friend, not foe, to SMEs
It felt like something out of a superhero movie, but Australia’s top tax and corporate regulators didn’t meet on Thursday to challenge a global villain or alien threat.
ASIC chief preaches “tough love”, says being a director isn’t easy and isn’t meant to be
Being a company director is tough and a wave of incoming regulations is unlikely to make it any simpler, ASIC chair Joe Longo says, but following some basic precepts can help corporate leaders stay compliant with the rules.
Another grim month for industry with highest insolvency figures since 2015
Monthly business insolvencies have risen to a level not seen since 2015, as a long-expected landslide of corporate collapses hits the Australian economy.
ASIC promises to work with small businesses facing climate disclosure green tape
Australia's corporate regulator promises to work with small businesses facing new green tape in the forthcoming climate-related reporting regime, as accounting giants urge the government not to heap a compliance burden on SMEs.
Finder Wallet wins landmark case against ASIC, proving its crypto investment product legal
The Federal Court of Australia has dismissed ASIC's case landmark against Finder Wallet and its former cryptocurrency Earn product.
Startup luminaries sign petition against new sophisticated investor asset limits
Angel investors and startup founders are signing a new petition urging the federal government not to increase the asset limit test for 'sophisticated investors', claiming major changes could limit funding to Australia's most innovative early-stage startups.
Construction businesses a grim standout in insolvency data, as experts seek silver linings
The number of business insolvencies boomed in late 2023 and is poised to accelerate in 2024, official data shows, but industry leaders professionals say the growing use of the small business restructuring scheme is a silver lining.
ASIC accused of “sledgehammer” approach to Director ID compliance
The corporate regulator is taking a stern approach to company directors yet to sign up for a Director Identification Number, a senior lawyer says, as industry leaders question if the mandatory scheme is still fit for purpose.
ASIC squashes 2,500 scam websites with new take-down powers
The corporate cop has taken down more than 2,500 investment scam and phishing websites in the past four months alone.
Australia is finally getting crypto regulation, with exchanges being targeted
Australia is finally getting crypto exchange regulation, with Assistant Treasurer Stephen Jones detailing the proposed new rules on Monday.
Neural Notes: Gen AI in the doctor’s office, ASIC’s warning and big tech loses cash
In this week's Neural Notes AI column: PatientNotes brings gen AI to the doctors office, ASIC sends insurance industry a warning, and Atlassian acquires Loom.
