Blog Post

ASIC taking further enforcement action to combat scams

ASIC Chair Joe Longo, who released the regulator’s latest Corporate Plan this week, said that despite progress to strengthen enforcement outcomes in 2022-23, there is “still work to do”.

“We are responding to key trends and emerging issues in the regulatory landscape, where there are major shifts across sustainable finance, the digital and data economy, and an ageing population,” he said.

“We are also closely monitoring the development and use of artificial intelligence and what this means for the businesses and markets we regulate and exploring potential uses of this and…

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