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Australia's ASIC Faces Criticism over Audit Supervision

by Starling Insights

Observations

Apr 19, 2024

In his recent submission to a Senate inquiry, Doug Niven, former Chief Accountant at the Australian Securities and Investments Commission (ASIC) for over 25 years, criticized the regulator's oversight of major audit firms.

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Australia Delays Accountability Regime

by Starling Insights

Observations

Feb 21, 2024

The Australian Prudential Regulation Authority (APRA) and Australian Securities and Investments Commission (ASIC) issued a letter earlier this month acknowledging that a slowdown in finalizing the rules governing its Financial Accountability Regime (FAR) may delay banks' implementation.