ASIC roundup: Landmark victory on continuous disclosure, and banned auditors

The Australian Securities & Investments Commission’s latest actions and news, October 9 – 13, 2023.

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 Townhill. Their names have been placed on ASIC’s
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