ASIC
ASIC has today released its updated regulatory guidance for external administrators and controllers when reporting and lodging statutory reports about alleged misconduct.
The updates to Regulatory Guide 16 External administrators and controllers: Reporting of possible offences and misconduct (RG 16) follow an extensive consultation process that included targeted industry roundtables to seek input into our proposed changes.
ASIC released Consultation Paper 377 Guidance for reporting by external administrators and controllers: Updates to RG 16 (CP 377) in April 2024.
Our responses to the key issues raised by respondents in CP 377 included:
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