16 April 2021 - ASIC enforcement update July to December 2020

ASIC has released its enforcement update report for the period 1 July to 30 December 2020. ASIC’s enforcement update report also outlines the increased resourcing to build our capability to pursue court outcomes. Comparing the 2018 and 2020 calendar years, ASIC has recorded a 64% increase in civil penalty proceedings as well as a 36% increase in the number of criminal proceedings commenced.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.