ASIC roundup: Landmark victory on continuous disclosure, and banned auditors
The Australian Securities & Investments Commission’s latest actions and news, October 9 – 13, 2023.
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Action against 11 SMSF auditors – October 11, 2023
Eleven self-managed superannuation fund (SMSF) auditors have been found breaching their obligations, which included breaches of auditing and assurance standards, independence requirements and registration conditions.
Between July 1, 2023 and September 30, 2023, ASIC:
- disqualified Carlo Celisano, Eamon Lynch and Brian
Accounting, ANZ, ASIC, Audit, Auditor, Australia, Australian Corporations Act s1307, Australian Corporations Act s319, Australian Corporations Act s674, Australian Crimes Act 1900 s192E (NSW), Australian Crimes Act 1900 s346 (NSW), Australian Crimes Act 1914 (Cth), Books and Records, Compliance, Enforcement, Finance, Fraud, Industry, Insurance
