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ASIC roundup: Directors fined and banned, new product intervention orders issued

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities & Investments Commission’s latest actions and news, January 1-12, 2024.

Two Canberra property developers disqualified – January 12, 2024

Jamie Charles Farrelly and Gary James Kelly have both been disqualified from managing corporations for two years each – due to their involvement in the failure of four companies between January 2019 and August 2021.

Farrelly and Kelly were directors of:

  • Be Athletic Canberra Pty Ltd;