Regulation

Regulation

ASIC to publish revised regulatory guidance for liquidators next month

An updated version of RG 16 will set out ASIC’s expectations for how external administrators and controllers should...

27 August 2024 • By Miranda Brownlee

more from regulation

Regulation

Tax agent and client hit with 5-year sentences for ‘cheating tax system’

A former tax agent and client have been sentenced to a combined 10 years and six months’ imprisonment for refund fraud...

22 August 2024 • By Imogen Wilson

Regulation

ATO expands guidance on promoter penalty laws after new legislation

The Tax Office has revised its practice statement on the application of the promoter penalty laws following the...

22 August 2024 • By Miranda Brownlee

Regulation

Funding, resource shortages threaten TPB oversight

A growing workload from new obligations and the PwC probe strains the small regulator’s limited resources.

21 August 2024 • By Christine Chen

Regulation

Government urged to exempt small firms from TPB reforms

The lower risk profile of small practices means they should not face the same scrutiny as larger ones, the NTAA says.

21 August 2024 • By Christine Chen

Regulation

Constant regulatory change threatens ‘future pipeline of tax profession’: SMSFA

Tax professionals are being hit with significant and cascading regulatory changes that are leaving them overwhelmed,...

20 August 2024 • By Miranda Brownlee

Regulation

Lawyer to stand trial for alleged money laundering scheme

A prominent lawyer and an accountant are due to face a Supreme Court trial on money laundering charges.

20 August 2024 • By Naomi Neilson

Regulation

Victorian director gets 5-year ban for cooking the books

ASIC disqualified Richard Sparreboom after finding he falsified records and allowed two firms to trade while insolvent.

19 August 2024 • By Christine Chen