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ASIC Enforcement Update
Welcome to ASIC’s Enforcement Update for January to June 2019. In the last Enforcement Update, I mentioned we had begun the process of establishing ASIC’s Office of Enforcement. It is now in place and we are working to strengthen ASIC’s enforcement effectiveness by accelerating court-based enforcement matters. Between July 2018 and June 2019 we increased: › the number of ASIC enforcement investigations by 20% › enforcement investigations involving the big six (or their officers or subsidiary companies) by 51% › wealth management investigations by 216%. The Office of Enforcement is responsible for carrying ... (full story)