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CPA draws attention to plight of small advice firms footing bill for ASIC enforcement

CPA has drawn attention to the plight of small advice firms left bearing the costs of enforcement action taken by ASIC against firms no longer in the subsector. In its submission to the Treasury revie ....

Gary Pflugrath , Maja Garaca Djurdjevic , Australian Financial Services , Cost Recovery Levy Act ,

ASIC's 'outdated funding model penalises compliant SMEs'

Fines as a result of enforcement action should be used to cover ASIC’s expenses, said CPA Australia. ....

Gary Pflugrath , Australian National Audit Office , Australian Financial Services , Cost Recovery Levy , Special Account , Asic S ,

CPA warns ASIC industry funding unfairly hitting small businesses, accountants, financial planners

Small businesses have been left to pay for Hayne-inspired ASIC legal action against financial advice businesses, CPA Australia says. ....

Gary Pflugrath , Australian National Audit Office , Special Account ,

Crypto industry cannot be law unto itself: CPA Australia

And it says digital assets designed to make users untraceable should be banned. mtc ....

Gary Pflugrath , Philip King , Australian Accounting Standards , Accountants Daily ,