Spike in enforcements against auditors, liquidators
Auditors and liquidators have accounted for a collective 40 per cent of ASIC’s corporate governance enforcement for the first half of the year, and the corporate regulator has made a note of its intended compliance activity with associations.
Between January and June 2017, ASIC commenced 57 investigations and completed 80; saw 399 criminal charges laid in summary prosecutions for strict liability offences; and saw 203 persons charged in summary prosecutions for strict liability offences.
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