Coronavirus (COVID-19) updates from the Australian Government

Implementation of ASIC Enforcement Review Taskforce – Directions Power

This consultation process has now been completed.
Date
-
Consultation Type
Exposure Draft

Key Documents

On 4 February 2019, the Government released its response to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The Government is taking action on all 76 recommendations, which includes its commitment to provide ASIC with powers to give directions to financial services and credit licensees consistent with the recommendations of the ASIC Enforcement Review Taskforce (ASIC ERT). 

The Government is today releasing exposure draft legislation for public comment

Submissions

No submissions are currently available.