Tag Archives: ASIC

Director’s duty to prevent insolvent trading

Posted on July 30, 2010 by stephen

ASIC has today released regulatory guidance to assist directors to understand and comply with their duty under the Corporations Act 2001 (Corporations Act) to prevent insolvent trading. The Corporations Act requires a director of a company to prevent the company … Continue reading →

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ASIC releases financial hardship report

Posted on May 8, 2009 by stephen

ASIC, in conjunction with Consumer Affairs Victoria (CAV), has released a report examining how lenders and mortgage brokers respond to borrowers experiencing financial difficulties. The report, Helping home borrowers in financial hardship (REP 152), found that while some lenders are … Continue reading →

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Financial literacy program for school kids

Posted on November 18, 2008 by stephen

ASIC has launched a new financial literacy program Your Money Starter- Insurance and Super designed to assist young Australians in making decisions about insurance and superannuation. It is a resource for secondary schools in each state and territory and is … Continue reading →

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