ASIC must publish details of certain reports
50D ASIC must publish details of certain reports
ASIC must, for each financial year, publish information about:
reports lodged with ASIC during the financial year under section 50B in relation to reportable situations of the kind mentioned in paragraphs 50A(1)(a) and (b) (breaches and likely breaches of core obligations); and
reports lodged with APRA during the financial year, as described in subsections 50B(6) and (7), in relation to reportable situations of the kind mentioned in paragraphs 50A(1)(a) and (b) (breaches and likely breaches of core obligations); and
the entities in relation to which those reports are lodged with ASIC or APRA.
The information must:
be published within 4 months after the end of the financial year; and
be published on ASIC’s website; and
include the information (if any) prescribed by the regulations, which may include personal information (within the meaning of the Privacy Act 1988) in relation to a licensee who is an individual; and
if the regulations prescribe how the information is to be organised—be organised in accordance with the regulations.
The regulations may prescribe circumstances in which information need not be included in the information published by ASIC under this section.
ASIC may correct any error in, or omission from, information published under this section.
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